Tagged: Sanctions Evasion

British American Tobacco Pays $629 Million to Settle Violations of North Korea Sanctions (Part I of II)

British American Tobacco Pays $629 Million to Settle Violations of North Korea Sanctions (Part I of II)

The Justice Department warned  companies that sanctions enforcement is the “new FCPA.” DOJ just delivered its first salvo to back up its message. As part of a broad effort to prosecute funding of North Korea’s nuclear program, DOJ and the Office of Foreign Assets Control (“OFAC”) announced a joint settlement with British American Tobacco and its Asian marketing subsidiary (“BAT”), under which BAT agreed to pay...