The alleged activities began with Iscar Turkey starting a business relationship with an Iranian distributor in 2012, according to the agreement. Iscar Turkey’s general manager at the time believed …
Berkshire Hathaway will pay $4.1 million to settle allegations of Iran sanctions violations.
Berkshire Hathaway, the conglomerate owned by Warren Buffett, will pay $4.1 million to the Treasury Department to settle allegations that the company and one of its Turkish subsidiaries violated …
Berkshire Hathaway Agrees to $4.1 Million Iran Sanctions Settlement
Berkshire Hathaway ( NYSE:BRK-A) ( NYSE:BRK-B) has agreed to pay $4.1 million to settle charges a Turkish subsidiary illegally did business with Iran between 2012 and 2016. The U.S. Treasury …
Armenia Wants Iran’s Help, Azerbaijan Says US, Russia, France Not Doing Enough to End Conflict
Armenia’s ambassador to the U.S. told Newsweek “Iran has the capacity and could use its leverages to restrain Azerbaijan and urge Turkey not to add fuel to fire in Nagorno Karabakh,” while …
Berkshire to pay $4m over ‘egregious’ Iran sanctions violations
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.