KMT Group AB

HQ Country of Company:
Sweden
Agency:
OFAC
Location of Sentencing:
Washington D.C.
Date:
Description:
Attempted to export nine pumps from the United States to Iran, and exported, reexported, sold, or supplied the pumps from the United States to Hamburg, Germany, with knowledge or reason to know that the goods were intended specifically for reexportation to South Pars Industrial Gas Complex in Tehran, Iran.
Fine:
Total Fine
125000 (OFAC) + 125000 (BIS)
Total Forefeiture
$ 0.00
Total Special Assessment
$ 0.00
Grand Total
$250,000.00
Source:
Treasury, “Enforcement Information for October 25, 2013.”
Back to Iran Violation and Penalties Tracker