Italian businessman convicted of exporting turbine to Russia

An Italian business owner, Gabriele Villone, has been sentenced to 28 months’ imprisonment in the US after having been convicted of violating the International Emergency Economic Powers Act (IEEPA) and the Export Control Reform Act of 2018 (ECRA). Mr Villone was convicted of conspiring to export a $17.3 million power turbine, a Vectra 40G, to Russia without a licence, which …