Friday, April 9, 2021

sanctions

UK sanctions Gambia’s ex-President Yahya Jammeh over human rights abuses

The United Kingdom has slapped sanctions on The Gambia’s former president Yahya Jammeh, as it widened travel bans and economic sanctions for human rights abuses worldwide. Jammeh, whose election defeat to Adama Barrow in December 2016 forced him to flee,...

Berkshire Hathaway to pay $4.1m to settle Iran sanctions violation

Berkshire Hathaway Inc. has agreed to pay roughly $4.1 million to settle allegations that a Turkish subsidiary violated U.S. sanctions on Iran. The U.S. Treasury Department on Tuesday alleged that Berkshire’s indirect subsidiary—Iscar Kesici Takim Ticareti ve Imalati Limited Sirket—sold cutting tools...

U.S. judge rules Turkey’s state-run Halkbank must face Iran sanctions case

A U.S. judge on Thursday refused to dismiss an indictment accusing state-owned Turkish lender Halkbank of helping Iran evade American sanctions. U.S. District Judge Richard Berman in Manhattan rejected Halkbank’s claim that the Foreign Sovereign Immunities Act shielded it from...

FinCEN Files: Associate of President Putin dodged sanctions through Barclays

One of Vladimir Putin's closest friends may have used Barclays Bank in London to launder money and dodge sanctions, leaked documents suggest. Billionaire Arkady Rotenberg has known the Russian president since childhood. Financial restrictions, or sanctions, were imposed on Mr Rotenberg by...

US sanctions International Criminal Court officials over probe into alleged war crimes

The US has imposed sanctions on senior officials in the International Criminal Court (ICC), including chief prosecutor Fatou Bensouda. Secretary of State Mike Pompeo accused the court of "illegitimate attempts to subject Americans to its jurisdiction". The Hague-based ICC is currently...

UBS cuts ties with Venezuelan clients over U.S sanction concerns

UBS Group AG is severing ties with some Venezuelan clients it serves from the U.S. as the Trump administration tightens sanctions on a country that’s mired in a power struggle.     The decision affects a number of accounts with links to...

Ohio State University professor charged for sharing U.S funded research with China

A medical researcher and professor who had been working most recently at Ohio State University is facing federal charges in what prosecutors say was a sophisticated scheme to transfer U.S.-backed research to China. Song Guo Zheng, 57, of suburban Hilliard,...

Amazon settles US sanction violations for $135,000

Amazon.com Inc. agreed to settle allegations that it violated multiple U.S. sanctions regulations, the U.S. Treasury Department said Wednesday. The Seattle-based e-commerce giant allegedly provided goods and services to individuals or entities subject to U.S. sanctions, primarily due to deficiencies...

New York Judge scolds prosecutors in Pilatus Bank ex-CEO case

A New York federal judge has scolded prosecutors for potentially withholding evidence against an Iranian businessman convicted of being a key nexus in growing ties between the Islamic republic and fellow U.S. adversary Venezuela. In an unusual reversal, prosecutors last...

Alaska man accused of laundering $1 billion for Iran

An Alaska man accused of laundering $1 billion held in South Korea for Iran funneled nearly all the money through the United Arab Emirates, U.S. federal court documents released early Thursday show. The court documents, filed as part of a...

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Former CEO of Eastern Shore broadband cooperative accused of embezzling $160,000

The former CEO of an Eastern Shore broadband nonprofit has been indicted on federal bribery and embezzlement charges, court...
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