Yesterday (14 February), OFAC announced a $5,512,564 penalty against Germany-based AppliChem GmbH for 304 violations of the Cuban Assets Control Regulations. Between May 2012 and February 2016, AppliChem is alleged to have sold chemical reagents to Cuba on 304 occasions to the value of €2,833,701 (approximately $3,433,495). See OFAC Notice and Treasury Enforcement Information.
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 >