⁍ Berkshire Hathaway Inc will pay $4.1 million to settle allegations that the company and one of its Turkish subsidiaries violated sanctions against Iran.
⁍ Berkshire and its subsidiary, Iscar Kesici Takim Ticareti ve Imalati Limited Sirket, agreed to settle their potential civil liability for 144 alleged violations between December 2012 and January 2016.
– Berkshire Hathaway Inc. will pay $4.1 million to settle allegations that the company and one of its Turkish subsidiaries violated sanctions against Iran, the US Treasury Department said on Tuesday. The department said in a statement that Berkshire and its subsidiary, Iscar Kesici Takim Ticareti ve Imalati Limited Sirket, agreed to settle their potential civil liability for 144 alleged violations between December 2012 and January 2016.
Source: https://www.reuters.com/article/berkshire-hathaway-usa-iran/us-says-berkshire-hathaway-to-pay-41-mln-to-settle-alleged-iran-sanctions-violations-idUSL1N2HB0Q3