From the daily archives: Wednesday, August 13, 2008
A U.S. subsidiary of a Chinese-owned company located in Columbia, Maryland recently paid a little over $1 million to settle allegations of violations of the U.S. embargo on Cuba. According to the Department of the Treasury’s Office of Foreign Assets Control, between May 2003 and October 2006, Minxia Non-Ferrous Metals allegedly acted without an OFAC [...]
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