Recent events
Recent events tied to this brand in public sources.
Back to profile2 entries
2022
Sojitz subsidiary agrees to settle US sanctions allegations
Sojitz's Hong Kong subsidiary agreed to pay US$5.2 million to settle OFAC allegations that it routed payments for Iranian-origin high-density polyethylene through US financial institutions. OFAC said the transactions violated Iranian sanctions regulations.
2022
Sojitz Hong Kong settles US sanctions allegations
Sojitz’s Hong Kong subsidiary agreed to pay US$5.2 million to settle OFAC allegations that it routed payments for Iranian-origin goods through US financial institutions in violation of sanctions. OFAC deemed the violations non-egregious.