Treasury Targets Cos. Worldwide Over Iran Sanctions

Law360, New York (February 7, 2014, 1:16 PM EST) -- The U.S. Treasury Department has slapped a large number of companies and individuals worldwide with financial penalties for allegedly evading the U.S. sanctions against Iran, thereby supporting the country's nuclear program and terrorist groups, according to an announcement Thursday.

The Obama administration targeted entities in Spain, Germany, Georgia, the United Arab Emirates and elsewhere  in a crackdown designed to signal that the White House would keep stringently enforcing sanctions against Iran in the wake of a short-term pact between the Middle Eastern nation, the U.S. and...
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