OFAC fines American Export Lines for violating US sanctions on Iran

OFAC has fined American Export Lines (AEL), a US-based international freight forwarding and logistics company, $518,063 for violating US sanctions on Iran. The violations, which AEL did not voluntarily disclose, are said to have occurred when AEL transhipped used and junked cars and parts from the US via Iran to Afghanistan on 140 occasions. AEL’s…

This content is only available to subscribers.
Log In Subscribe

IranIran United StatesUnited States

About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

See profile for Michael O'Kane >