In today’s civil penalty releases, the Office of Foreign Assets Control (“OFAC”) announced a settlement with a U.K company, Genesis Asset Managers, LLP (“GAM”), arising from a purchase that one of its subsidiaries, Genesis Investment Management, LLP (“GIM”), also based in…
Last Thursday, May 17, Ileana Ross-Lehtinen, who never saw a sanction she didn’t like, had her committee, the House Foreign Relations Committee, hold a hearing on sanctions in Iran. The Committee heard testimony from, among other witnesses, former Bush administration…
Yesterday, in remarks made by Secretary of State Clinton With Foreign Minister of Burma U Wunna Maung Lwin after the two met, Secretary Clinton announced that the United States was suspending its sanctions against Burma. Sort of. Here’s what she…
ABOVE: Ulrich Davis Mugshot On May 15, Ulrich Davis, a citizen and resident of the Netherlands, was sentenced to six months in prison and a $2,000 fine. He was charged with violating a Temporary Denial Order issued by the Bureau…
A recently filed criminal complaint accuses a former U.S. soldier of using eBay to export military items he obtained while serving in Iraq. Specifically, the defendant is accused of the unlicensed export of an Atilla-200 laser aiming device to Japan.…