The US sanction breaches relate to its business activities in North Korea between 2007 and 2017. theSun theSundaily tobacco BAT authorities USA luckystrike doj
FILE PHOTO: A woman poses with a cigarette in front of BAT logo in this illustration taken July 26, 2022. REUTERSPIX: British American Tobacco will pay US$635 million to US authorities after a subsidiary entered a guilty plea over sanctions violations linked to North Korea, reported PA Media/dpa.
The Dunhill and Lucky Strike maker said it has agreed a settlement with the Department of Justice and the Office of Foreign Assets Control.The world’s second biggest tobacco firm said last year it had set aside money to pay the fine and said its broader financial guidance has not been affected.
“Adhering to rigorous compliance and ethics standards has been, and remains, a top priority for BAT.” - Bernama
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Taliban kills IS 'mastermind' of Kabul airport attack, say reports | The Malaysian InsightTaliban kills IS 'mastermind' of Kabul airport attack, say reports
Read more »
Singapore slams Branson over death penalty criticism | The Malaysian InsightGovernment says British billionaire showing disrespect for judges, criminal justice system.
Read more »
UK citizens in Sudan say they feel ‘abandoned’Around 2,000 British passport-holders have registered their presence in Sudan.
Read more »
What London is serving up for the crowning of Charles IIIThe legendary afternoon tea, one of the most popular offerings in the British capital, has been tailored to the coronation of Charles III.
Read more »
Singapore slams Branson over death penalty criticismSINGAPORE, April 25 — The Singapore government criticised British billionaire Richard Branson today for saying authorities “may be about to kill an innocent man” over one...
Read more »
Rape allegation against Trump heads to civil trialNEW YORK, April 25 — Jury selection is scheduled to start today in a civil trial pitting Donald Trump against a prominent former American columnist, who says he raped her in the...
Read more »