World's second-largest tobacco company to pay over $600 million for violating sanctions against North Korea

April 25, 2023, 2:06 PMNorth Korean propaganda village"Gijungdong" is seen from an South Korea's observation post inside the JSA during a media tour at the Joint Security Area on the Demilitarized Zone in the border village of Panmunjom in Paju, South Korea, March 3, 2023.The world's second-largest tobacco company has agreed to pay what the Department of Justice is saying is "the single largest North Korean sanctions penalty in the history of the Department of Justice.

"To those companies and individuals thinking of evading international sanctions on North Korea, be forewarned. If you conspire with North Korea, you are helping to grow their illegal weapons of mass destruction and ballistic military programs." Suzanne Turner, assistant director of the FBI's Inspection Division, said at a press conference Tuesday.

"The DPRK's murderous repression at home and relentless pursuit of nuclear capabilities threaten not just its own people, but the entire international community. Allowing funds to illegally flow into the coffers of the DPRK is an unconscionable act," said Assistant Attorney General for National Security Matthew Olsen, who added that the case would "serve as a warning shot to companies" that attempt to evade sanctions.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Tobacco Company BAT Pleads Guilty to Violating U.S. Sanctions on North KoreaA U.K. tobacco company agreed to pay more than $635 million to resolve charges that it conspired to violate U.S. sanctions by selling cigarettes to North Korea
La source: WSJ - 🏆 98. / 63 Lire la suite »

British American Tobacco Hid North Korea Business for Years: FedsU.S. prosecutors have charged the company with helping Pyongyang skirt restrictions meant to freeze it out of the global banking system.
La source: thedailybeast - 🏆 307. / 63 Lire la suite »

Tobacco company pleads guilty to violating U.S. sanctions on North KoreaBritish American Tobacco, a London-based company with a subsidiary based in Singapore, must pay $630 million in fines to the U.S. government after pleading guilty to violating sanctions on North Korea
La source: washingtonpost - 🏆 95. / 72 Lire la suite »