$86ok settlement for Vietnam company over US sanctions violations

18 October 2024

$86ok settlement for Vietnam company over US sanctions violationsNew-Africa/Shutterstock.com

OFAC has announced an $860k settlement with Vietnam Beverage Company Limited (VBCL) over 43 apparent DPRK sanctions violations. From 2016 to the end of 2018, VBCL’s subsidiaries are said to have caused US financial...

Subscribe for full access Login
Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

More

Footer