News/Compliance & Enforcement/OFAC Announces $1.7 Million Settlement with Truck Manufacturer for Violations of Iran Sanctions Program

Expert Opinion·Compliance & Enforcement Brief

OFAC Announces $1.7 Million Settlement with Truck Manufacturer for Violations of Iran Sanctions Program

PubK AdminAugust 19, 2019 · 1 min read

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OFAC has announced a $1.7 million settlement with PACCAR, Inc., for 63 apparent violations of the Iran Sanctions Program by DAF Trucks, a subsidiary based in the Netherlands.

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