$1.4 million OFAC settlement over Iran sanctions violations

9 July 2025

$1.4 million OFAC settlement over Iran sanctions violationsdaneilo/Shutterstock.com

The US Office of Foreign Assets Control (OFAC) has announced a USD 1.45 million settlement with Harman International Industries Inc (Harman) for 11 breaches of US sanctions on Iran – press release. Harman is...

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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…

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