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By Kyle Morris British American Tobacco PLC said Tuesday that it has reached an agreement with the U.S. Justice Department and the Treasury Department's Office of Foreign Assets Control to... | April 25, 2023
BAT to pay over $600 mn for violating NKorea sanctions
British American Tobacco to pay $635 million for violating North Korea sanctions.
British American Tobacco, one of the largest tobacco companies in the world, agreed to settle allegations that it did illegal business with Pyongyang in violation of U.S. sanctions.
British American Tobacco, a London-based company with a subsidiary based in Singapore, must pay $630 million in fines to the U.S. government.