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US govt fines Fokker $21 m for violating sanctions

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US govt fines Fokker $21 m for violating sanctions

Dutch aerospace firm Fokker has been hit with a US$21 million penalty by the US government for selling US-made aircraft parts and goods to customers in Burma, Iran and Sudan, in violation of trade sanctions.

According to a statement released Thursday by the US Attorney’s Office in Washington DC, Fokker Services violated US laws by engaging in “illegal transactions involving the export and re-export of aircraft parts, technology and services to customers located in US-sanctioned countries, specifically Iran, Sudan and Burma” between 2005 and 2010.

Continues here:- http://www.dvb.no/uncategorized/us-govt-fines-fokker-21-m-for-violating-sanctions-burma-myanmar/41300

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