U.S. Files First Case Against a Company for Violating North Korea Sanctions

U.S. Files First Case Against a Company for Violating North Korea Sanctions

A unit of a U.K. tobacco firm agreed to pay a $666,000 penalty to resolve criminal charges that it facilitated sales to North Korea, in the first such case against a company for violating U.S. sanctions on Pyongyang.

The United Arab Emirates-based Essentra FZE Co. Ltd., which is a subsidiary of the U.K.-based Essentra PLC, entered into a deferred prosecution agreement with the U.S. attorney’s office in Washington and improved its U.S. sanctions compliance program to resolve the charges, the documents said. It entered into…

XL subscribe to our newsletter banner

Get the latest news and advice on COVID-19, direct from the experts in your inbox. Join hundreds of thousands who trust experts by subscribing to our newsletter.

Send your news and stories to us news@climaxradio.co.uk or newstories@climaxnewsroom.com and WhatsApp: +447747873668.

Before you go...

Democratic norms are being stress-tested all over the world, and the past few years have thrown up all kinds of questions we didn't know needed clarifying – how long is too long for a parliamentary prorogation? How far should politicians be allowed to intervene in court cases? To monitor these issues as closely as we have in the past we need your support, so please consider donating to The Climax News Room.