OFAC reaches $665k settlement with UAE company

OFAC has announced that UAE-based Essentra FZE Company has agreed to pay $665,112 to settle civil liability for 3 violations of the North Korea Sanctions Regulations, 31 CFR part 510 (NKSR). Settlement Agreement and Web Notice. Between September and December 2018, Essentra exported cigarette filters to North Korea through a network of front companies in China and other countries. Essentra …