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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 to pay $635 million for violating North Korea sanctions.
British American Tobacco to pay $635 million for violating North Korea sanctions.
The company says the historical misconduct fell below the standards it sets itself as it faces a hefty bill to conclude cases brought by the US authorities.
The Justice Department says a British tobacco company has agreed to a $629 million settlement to resolve allegations that it did illegal business with North Korea in violation of U.S. sanctions.