skipToContent
United StatesAll

India's Adani to pay $275 mn settlement to US over alleged Iran sanctions violations

Al-Monitor United States
India's Adani to pay $275 mn settlement to US over alleged Iran sanctions violations
One of Indian billionaire industrialist Gautam Adani's companies will pay the United States $275 million to settle a probe into whether it violated Washington's sanctions against Iran, the US Treasury said in a statement on Monday. The Office of Foreign Assets Control (OFAC) said the agreement had been reached with Adani Enterprises Limited (AEL), part of the magnate's sprawling multinational conglomerate of companies.
Share
Original story
Continue reading at Al-Monitor
www.al-monitor.com
Read full article

Summary generated from the RSS feed of Al-Monitor. All article rights belong to the original publisher. Click through to read the full piece on www.al-monitor.com.