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News/Compliance & Enforcement/Exxon Mobil Challenged a $2 Million OFAC Penalty—and the District Court Agreed
Expert Opinion·Compliance & Enforcement Brief

Exxon Mobil Challenged a $2 Million OFAC Penalty—and the District Court Agreed

In 2017, the Department of the Treasury's Office of Foreign Assets Control imposed a $2 million civil penalty on Exxon Mobil Corporation for allegedly violating certain US sanctions involving Russia and Ukraine, which had been promulgated under the Obama administration.

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