Intensa Sanpaolo S.p.A.

HQ Country of Company:
Italy
Agency:
OFAC
Location of Sentencing:
Washington D.C.
Date:
Description:
Intensa had conducted business with an Italian firm, Irasco, that was found to be Iranian owned. The fine was particularly harsh because Intesa was found to have failed to maintain a sufficiently robust compliance program over the time the apparent violations took place.
Fine:
Total Fine
$2,949,030.00
Total Forefeiture
$ 0.00
Total Special Assessment
$ 0.00
Grand Total
$2,949,030.00
Source:
Treasury, “Enforcement Information For June 28, 2013.”
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