Iran Violations and Penalties Tracker

UANI's Iran Corporate Penalties Tracker is the only database documenting corporate violations and penalties specifically relating to Iran. It covers more than 500 civil and criminal cases settled by the U.S. Department of Justice and federal agencies. The total monetary amount paid out in fines by companies for Iran violations exceeds $19 billion.

The Tracker highlights the importance for companies to continue to adopt the most rigorous standards of enhanced due diligence (EDD), know your customer (KYC) and know your customer's customer standards (KYCC).

Existing KYC standards are currently used to protect businesses from engaging directly with sanctioned individuals and entities. However, ties to Iranian sanctioned entities may still occur indirectly. In particular, customers' customers may be engaging in questionable or unlawful behaviour, including money laundering, terror financing and sanctions evasion. This leaves a dangerous sanctions gap that should be plugged so sanctions can have their full intended effect.

It also puts companies at significant risk of reputational damage and - as the Tracker indicates - liable for massive financial penalties and even prison time.

Type Company/Individual Sort descending Country Total Fine Amount Date of Charge
Individuals Monalila Co Ltd China $ 0
Individuals Monarch Aviation Pte Ltd Singapore $500,000
Individuals Mozaffar Khazaee (a/k/a Arash Khazaie) Iran $50,100
Chemicals Murad LLC USA $3,509,286
Retail Muscle Gauge Nutrition, LLC USA $62,500
Individuals Nader Modanlo USA $10,000,000
Financial Services National City Bank USA $5,500
Financial Institution National Fleet Bank (Suretrade, Inc) USA $7,277
Maritime National Marine Consultants (NMCI) USA $42,075
Energy National Oilwell Varco, Inc (and subsidiaries Dreco Energy Services, Ltd. & NOV Elmar) USA $27,500,000
Insurance Navigators Insurance Company USA $271,815
Individuals NEL Electronics Pte Ltd Singapore $100
Technology Network Hardware Resale LLC USA $326,758
Individuals New Eras LLC United Arab Emirates $32,200
Technology New Focus Inc USA $200,000
Manufacturing Nicaro Eng. Co & Eyvanz Technic Manufacturing Co. Iran $600
Financial Institution Nordea Bank Finland PLC (on behalf of Christiania Bank) USA $5,900
Maritime Nordic Maritime Pte. Ltd. Singapore $31,425,760
Financial Services Norton Lilly International USA $18,750
Manufacturing Nozzle Manufacturing Company USA $20,000
Insurance NYMagic, Inc (on behalf of Mutual Marine Office, Inc) USA $4,303
Individuals Oceanic Imports Cars, Inc USA $10,000
Manufacturing Oerlikon Schweisstechnik AG Switzerland $33,000
Shipping Offshore Marine Laboratories (OML) USA $97,695
Energy Oil Services & Trading USA $250,000
Individuals Olaf Tepper Germany $5,400
Shipping Olympiad Line LLC USA $14,000
Individuals Omid General Trading Company LLC United Arab Emirates $4,400
Individuals Omid Khalili (a/k/a Saeid Kamyari) Iran $ 0
Electronics Online Micro, LLC USA $2,000,000
Electronics Online Micro, LLC USA $1,054,388
Individuals Opto Electronics Pte Ltd Singapore $ 0
Individuals Orion Aviation Corp USA $ 0
Individuals Orion Telecom Networks USA $100,000
Manufacturing Osement Models, Inc USA $500
Individuals OTS Refining Equipment Corporation & Tech-Link Development Corporation Canada $7,500
Energy Oxbow Carbon and Minerals LLC USA $276,250
Individuals Oyster Bay Pump Works, Inc. USA $300,000
Individuals Pacific Green Valley USA $ 0
Logistics Panalpina USA $2,750
Agriculture PanAmerican Seed Company USA $4,320,000
Manufacturing Pars Company, Inc USA $10,000
Individuals Parviz Khaki Iran $ 0
Individuals Paya Electronics Complex Iran $ 0
Financial Services Payment24 Iran $ 0
Financial Services PayPal Inc. USA $7,658,300
Technology PC Universe, Inc USA $37,500
Individuals Performance Engineered Nonwovens USA $5,300
Exporter USA $4,026
Trading Petrom GmbH International Trade Germany $143,000