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OFAC: Vietnam Beverage Co. Settles with OFAC for $860,000 Over North Korea Sanctions Violations
OFAC: Vietnam Beverage Co. Settles with OFAC for $860,000 Over North Korea Sanctions Violations
October 30, 2024/
The Office of Foreign Assets Control settled with Vietnam Beverage Company for $860,000 to resolve 43 apparent violations of the North Korea Sanctions Regulations. They caused US financial institutions to process over $1m in payments for alcoholic beverages sold to North Korea. More details here.
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