UAE Tobacco Co. Agrees To Settle N. Korea Sanctions Case

Law360 (July 16, 2020, 10:27 PM EDT) -- A United Arab Emirates unit of U.K. tobacco products manufacturer Essentra PLC has agreed to pay $665,112 to settle allegations of evading U.S. sanctions on North Korea, prosecutors said Thursday.

In addition to the fine, Essentra FZE Co. Ltd. agreed to a deferred prosecution agreement over claims that it conspired to violate the International Emergency Economic Powers Act and defraud the U.S.

According to the government, it is the first such enforcement action brought by the DOJ for violations of the North Korea Sanctions Regulations.

Prosecutors say Essentra conned U.S. correspondent banks into processing U.S. dollar transactions for a North Korean...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!