Tagged: Iran engineering services

Alliance Steel Settles with OFAC for $435,003 for Violations of the Iran Sanctions Program

Alliance Steel, a US company based in Oklahoma, agreed to pay $435,003 to OFAC to settle violations of the Iran Sanctions Program.  Alliance Steel is a designer and manufacturer of prefabricated steel structures. Alliance Steel voluntarily disclosed to OFAC 61 violations of the Iran Sanctions programs. Over a five-year period, Alliance Steel maintained a professional relationship with an Iran engineering company.  The OFAV violations occurred...