Global Investigations Review - The law and practice of international investigations

Just Sanctions

Satellite communications company settles US sanctions probe

Satellite communications company settles US sanctions probe

September 18, 2020, JUST SANCTIONS

The New York-based Comtech has reached a settlement with the US Treasury Department for indirectly exporting satellite equipment to the once-sanctioned Sudanese civil aviation authority and for providing product training to its staff.

Manhattan judge slams prosecutors over handling of sanctions case

Manhattan judge slams prosecutors over handling of sanctions case

September 17, 2020, JUST SANCTIONS

A Manhattan federal court judge has excoriated prosecutors for the botched prosecution of an Iranian businessman almost two months after she formally dismissed the case over persistent issues with evidence disclosure.

US targets transfers linked to ZTE’s sanctions busting scheme

US targets transfers linked to ZTE’s sanctions busting scheme

September 14, 2020, JUST SANCTIONS

US authorities are attempting to seize almost $1 million linked to two front companies that allegedly enabled Chinese phone parts manufacturer ZTE to do business with North Korea.

Deutsche Bank arm fined for failing to investigate Cyprus oil payment

Deutsche Bank arm fined for failing to investigate Cyprus oil payment

September 10, 2020, JUST SANCTIONS

The US Treasury Department has penalised a New York-based arm of Deutsche Bank after senior managers in its anti-financial crime team rushed through a $28.8 million transaction without adequately checking if it violated sanctions.

Zeiss settles US export control violations

Zeiss settles US export control violations

September 08, 2020, JUST SANCTIONS

The US Commerce Department has penalised German optical systems manufacturer Zeiss over the illegal sale of rifle telescopes worth approximately $1 million to Canada.

US enforcement roundup

US enforcement roundup

September 04, 2020, JUST SANCTIONS

In the latest US enforcement roundup, the International Criminal Court calls out “unprecedented” US sanctions on its chief prosecutor, OFAC establishes closer ties with a shell company hotspot, as well as Visa and Mastercard withdraw a request for the US attorney general to intervene in a Cuba trafficking lawsuit.

US satellite communications company under sanctions probe over Russia ties

US satellite communications company under sanctions probe over Russia ties

September 04, 2020, JUST SANCTIONS

The US Treasury Department is investigating New York-based Frequency Electronics over its past relationship with a company owned by sanctioned Russian financial institution Gazprombank.

US rebuffs Halkbank’s immunity claims in sanctions case

US rebuffs Halkbank’s immunity claims in sanctions case

September 01, 2020, JUST SANCTIONS

“Protecting Halkbank’s access to US markets and its property in the United States was not incidental to the offenses, but a principal purpose of Halkbank’s conduct,” prosecutors wrote in a court filing.

BIS undersecretary signs off on Nordic Maritime penalty

BIS undersecretary signs off on Nordic Maritime penalty

August 25, 2020, JUST SANCTIONS

The US’s export control enforcer has handed down a $31.4 million fine to a Singaporean shipping company over dealings in Iran after the head of the agency took the unusual step of reviewing the penalty.

Halkbank criticised for “false allegations” in failed attempt to remove judge

Halkbank criticised for “false allegations” in failed attempt to remove judge

August 24, 2020, JUST SANCTIONS

A Manhattan federal court judge has thrown out Halkbank’s attempt to prevent him from presiding over an upcoming, politically sensitive Iranian sanctions case over allegations of bias.