British American Tobacco to pay $635.2m in North Korean sanctions
The case represents the ‘single largest North Korea sanctions penalty’ in the US Department of Justice history.
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The case represents the ‘single largest North Korea sanctions penalty’ in the US Department of Justice history.
The world's second-largest tobacco company has agreed to cough up $635 million plus interest to American authorities to settle a North Korea sanctions-busting case. British...
The tobacco sales at the heart of Tuesday's settlement took place from 2007 to 2017 to the isolated Communist nation, according to both the company and the US Justice Department.
Investegate announcements from British Amer.Tobacco, Agreement with the US Department of Justice
British American Tobacco has agreed to pay $600 mn to US authorities after a subsidiary admitted to conspiring to breach American sanctions by supplying tobacco products to North Korea, a US court filing and the company said on Tuesday