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Thai plastics firm to pay USD20m in US settlement over Iran sanctions

WASHINGTON (AP) โ€” A Bangkok -based plastics firm has agreed to pay USD20 million to settle with the US over 467 “egregious” violations of Iran sanctions, the US Treasury announced on Friday. SCG Plastics Co used US banks to process USD291 million in sales of Iranian high-density polyethylene resin from 2017 to 2018, according to […]
United States United Kingdom Janet Yellen National Petrochemical Company Of Iran Treasury Office Of Foreign Assets Plastics Co

Thai plastics firm will pay $20 million to settle with US over Iran sanctions violation

SCG Plastics Co. used US banks to process USD291 million in sales of Iranian high-density polyethylene resin from 2017 to 2018, according to the signed settlement agreement between the firm and Treasurys Office of Foreign Assets Control.
United Kingdom Janet Yellen National Petrochemical Company Of Iran Treasury Office Of Foreign Assets Plastics Co Secretary Janet Yellen

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King's company sanctioned | Political Prisoners in Thailand

An AP report tells us that a "A Bangkok-based plastics firm has agreed to pay $20 million to settle with the U.S. over 467 'egregious' violations of Iran sanctions, the U.S. Treasury announced on Friday." It states: SCG Plastics Co. used U.S. banks to process $291 million in sales of Iranian high-density polyethylene resin from…
Siam Cement Group Treasury Office Of Foreign Assets Plastics Co National Petrochemical Company Of Iran Foreign Assets Control National Petrochemical Company

Thai plastics firm will pay $20 million to settle with U.S. over Iran sanctions violations – Metro US

WASHINGTON (AP) โ€” A Bangkok -based plastics firm has agreed to pay $20 million to settle with the U.S. over 467 โ€œegregiousโ€ violations of Iran sanctions, the U.S. Treasury announced on Friday. SCG Plastics Co. used U.S. banks to process $291 million in sales of Iranian high-density polyethylene resin from 2017 to 2018, according to […]
United States Janet Yellen Plastics Co National Petrochemical Company Of Iran Treasury Office Of Foreign Assets Foreign Assets
Source: metro.us

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