OFAC announces settlement with Alliance Steel Inc

OFAC have announced a settlement with Alliance Steel Inc which has agreed to pay $435,003 to settle its potential civil liability for “61 apparent violations of OFAC regulations related to its importation of engineering services from an Iranian engineering company” (OFAC web notice). Between October 2013 and October 2018, Alliance Steel Inc, a US designer and manufacturer of prefabricated steel …

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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,...

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