3M Agrees to Pay Nearly $10 Million Over Sale of Products to Iran

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3M Agrees to Pay Nearly $10 Million Over Sale of Products to Iran
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The U.S. Treasury Department’s sanctions enforcer said a 3M subsidiary sold products to a German reseller knowing they were destined for an Iranian customer.

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https://www.wsj.com/articles/3m-agrees-to-pay-nearly-10-million-over-sale-of-products-to-iran-298e8499Treasury’s sanctions enforcer said a 3M subsidiary sold products to a German reseller knowing they were destined for an Iranian customer3M came forward to disclose the conduct and cooperated throughout the investigation, OFAC said.3M has agreed to pay more than $9.6 million to settle a probe by the U.S.

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