31st August 2020
A FTSE 250 cigarette products supplier that has been under investigation by United States authorities over possible sanctions breaches is not expecting a second fine. Essentra agreed to pay a £530,000 fine for sanctions violations in North Korea last month but the US Treasury Department’s Office of Foreign Assets Control… Read More
31st August 2020
Iran’s central bank said on Saturday it was taking legal steps to counter a lawsuit filed in a U.S. court by creditors seeking to seize $1.7 billion of its assets held by Deutsche Boerse’s (DB1Gn.DE) Clearstream unit. The German stock exchange operator said earlier the creditors had filed the… Read More
28th August 2020
Bahrain’s High Criminal Court sentenced three Future Bank officials to five years in prison each and to $1 million fines on Thursday, in the latest of a series of money-laundering cases by the Central Bank of Iran and other banks, the Bahrain News Agency reported. The court also sentenced the… Read More
27th August 2020
The UN on Tuesday dismissed a controversial bid by the United States to reimpose all international sanctions against Iran, laying bare the differences between Washington and other members of the Security Council on Iran policy. The council presidency, held by Indonesia since in August, said it was “not in a… Read More
26th August 2020
A country estate in a Shropshire hamlet is at the centre of an international scandal involving the Spanish royal family, mysterious offshore companies and secret agents. Chyknell Hall near Bridgnorth has taken centre stage in the drama thanks to its prominent yet elusive resident, Corinna zu Sayn-Wittgenstein, the one-time… Read More
24th August 2020
OCCRP – Since the devastating explosion of a store of ammonium nitrate in Beirut’s port on August 4, Lebanese citizens have taken to the streets in shock, outrage, and grief. Above all, they have demanded answers: Where did the nearly 3,000 tons of explosive chemicals come from, and who… Read More
24th August 2020
AP – Pakistan has issued sweeping orders enforcing financial sanctions against Afghanistan’s Taliban, just as the militant group is in the midst of a U.S.-led peace process in the neighboring country. Pakistan’s foreign ministry in a statement late on Saturday said the sanctions are not new but rather are… Read More
21st August 2020
The United States on Wednesday imposed sanctions on two United Arab Emirates-based companies, the U.S. Treasury Department said, accusing them of providing material support to Iranian airline Mahan Air. The Treasury in a statement said Parthia Cargo and Delta Parts Supply FZC provided key parts and logistics services for Mahan… Read More
20th August 2020
The Trump administration is considering additional sanctions on Venezuela aimed at halting the remaining fuel transactions permitted with the South American nation, according to people familiar with the matter. The measures could target crude swaps with companies in Asia and Europe, said the people, who requested anonymity because the talks… Read More
18th August 2020
The United States is not entitled to force the reinstatement of sanctions on Iran via the so-called “snapback” mechanism linked to an international nuclear deal, the European Union’s foreign policy chief said. Since the US unilaterally withdrew from the agreement, officially known as the Joint Comprehensive Plan of Action (JCPOA),… Read More