Global Investigations Review - The law and practice of international investigations

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Satellite communications company settles US sanctions probe

Satellite communications company settles US sanctions probe

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

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

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

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

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

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

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

“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.

DOJ watching for economic espionage linked to coronavirus vaccine research

The Justice Department is closely monitoring cyber intrusions at US institutions that are researching a cure for the coronavirus, according to a senior prosecutor.

DOJ official: Private-sector tip-offs fuelling economic espionage cases

The Justice Department’s counterintelligence chief has said the pursuit of economic espionage has been greatly aided by cooperation from the US private sector.

Editor's picks

Corporate executives seldom face punishment in US sanctions cases

Corporate executives seldom face punishment in US sanctions cases

The US Treasury’s Office of Foreign Assets Control has been prolific in penalising companies for sanctions violations but doesn’t appear to have the same appetite for pursuing individuals.

Dutch sanctions probe into Crimea bridge project nears end

Dutch sanctions probe into Crimea bridge project nears end

The Netherlands’ lead sanctions prosecutor spoke to GIR about its major investigation, the uptick in enforcement and how her team wants to work with the private sector.

The DC sanctions lawyers to have on speed dial

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The specialists to call for sanctions investigations and enforcement.

Sign up for Just Sanctions news alerts

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A new newsletter covering sanctions investigations and enforcement.

Coming soon: The GIR Guide to Sanctions

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The first ‘how-to’ guide providing insight and analysis on sanctions investigations.

The Enforcement Scorecard

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A comprehensive guide to the world’s 100 largest corporate penalties.