How British American Tobacco sold cigarettes to North Korea despite sanctions
6 Articles
6 Articles
DOJ: Cigarette companies to pay $635 million for selling to North Korea and alleged bank fraud
Two tobacco companies that are facing criminal charges have agreed to pay U.S. authorities over $635 million in combined penalties after allegedly breaking sanction rules by selling cigarettes to North Korea.Criminal charges have been brought against British-American Tobacco Marketing Singapore and parent company British American Tobacco, according to the Department of Justice. Charges included violating North Korean sanctions, conspiracy to com…
Business Daily - British American Tobacco fined $635 million for violating sanctions on North Korea
British American Tobacco (BAT) has been fined $635 million for breaching sanctions on North Korea. The British multinational, a leader in the sale of tobacco products, will pay the record sum to US authorities. BAT's Singapore subsidiary admitted to selling cigarettes to North Korea over a decade between 2007 and 2017, in violation of US sanctions on Pyongyang over its nuclear missile activities. But first, we take a look at the resilient earnin…
British American Tobacco to pay $650 million in fine for selling cigarettes to North Korea
The parent of tobacco company Bentoel Group, British American Tobacco (BAT), was fined Rp8.9 trillion by the United States for selling cigarettes to North Korea (North Korea).
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