The firm agreed to pay $4.14m to settle allegations that a Turkish subsidiary sold cutting tools to be resold in Iran.
Berkshire pays $4.1m fine over Iran sanctions violation claims
Warren Buffett’s Berkshire Hathaway agreed to pay $4.1m to the Treasury to settle alleged violations of US sanctions against Iran, in a rare penalty for the sprawling $500bn conglomerate. A Turkish …
Yemen Gov’t Writes to UNSC on New Iran Ambassador in Sanaa
Awsat The Yemeni government on Monday condemned “the Iranian regime smuggling one of its Revolutionary Guard members into Yemen by appointing him as ambassador to the Houthi coup militia.” It said …
Berkshire to Pay $4.1 Million to Settle Allegations of Violating U.S. Sanctions on Iran
Treasury Department says one of the conglomerate’s Turkish subsidiaries sold cutting tools knowing they would be resold in Iran.
Berkshire Hathaway fined for alleged Iran sanctions violations
A foreign subsidiary of Berkshire Hathaway appears to have violated US sanctions on Iran, the Treasury Department said Tuesday.
Berkshire Hathaway to pay $4.14 million to settle Iran sanctions violations claims
Warren Buffett’s Berkshire Hathaway Inc agreed to pay $4.14 million to settle civil allegations that a Turkish subsidiary committed “egregious” violations of U.S. sanctions against Iran, the U.S.
Coronavirus live news: Italy brings in curfew for two regions; Iran and Russia report record new cases
Italy imposes curfew on Campania and Lombardy; Russia records 16,319 new cases; Iran sees highest ever daily tally for new infections …
Berkshire Hathaway settling alleged Iran sanctions violations for $4.1M
Berkshire Hathaway is expected to pay more than $4.1 million to settle allegations that a Turkish subsidiary of the company may have violated U.S. sanctions against Iran, the Treasury Department …
Washington Sanctions Chinese Firms, Individuals For Doing Business With Iran
The US imposed Monday sanctions on six Chinese entities and two individuals for doing business with Iran’s Islamic Republic of Iran Shipping Lines.
Iran, Ukraine talk compensation for downed passenger plane
Iran mistakenly shot down the Ukrainian Airlines flight at a time of spiralling military tensions with the US. Now Iranian and Ukrainian officials are meeting to reach a deal on compensation for the …