Thai Co. Pays $20M For 'Egregious' Iran Sanctions Violations

By Gina Kim (April 19, 2024, 8:42 PM EDT) -- Thai-based SCG Plastics will pay $20 million to resolve claims it committed over 460 "egregious" violations of Iranian sanctions by causing U.S. banks to process $291 million in wire transfers in connection with the sales of high-density polyethylene resin made in Iran, as well as obscuring the resin's origin in shipping documents....

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