Yantai Jereh Oilfield Services Group Co., Ltd.

HQ Country of Company:
China
Agency:
OFAC & Bureau of Industry and Security
Location of Sentencing:
Washington D.C.
Date:
Description:

Specifically, from on or about October 2, 2014 to on or about March 4, 2016, the Jereh Group appears to have violated §§ 560.203 and 560.204 of the ITSR on at least 11 occasions when it exported or reexported, or attempted to export or re-export, U.S.-origin goods ultimately intended for end-users in Iran by way of China. Jereh Group also exported certain U.S.-origin items with knowledge or reason to know that the items were intended for production of, for commingling with, or for incorporation into goods made in China to be supplied, transshipped, or re-exported to end-users in Iran.

Fine:
Total Fine
2,774,972 ( OFAC) + 600000 (BIS)
Total Forefeiture
$ 0.00
Total Special Assessment
$ 0.00
Grand Total
$3,374,972.00
Source:
Treasury, “Enforcement Information for December 12, 2018.”
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