OFAC settles with Danfoss A/S for Iran, Syria, and Sudan sanctions violations

30 December 2022

OFAC settles with Danfoss A/S for Iran, Syria, and Sudan sanctions violations

Danish multinational company, Danfoss A/S has reached a civil settlement with OFAC and agreed to pay USD 4,379,810  in respect of 225 apparent violations of multiple OFAC sanctions programs, including Iran, Syria, and Sudan....

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Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor...

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