US Company Fined for Allegedly Violating Blockade Regulations
US Company Fined for Allegedly Violating Blockade Regulations
Created on Thursday, 29 June 2017 14:09
Havana, Cuba, Jun 28 (ACN) The US insurance company American International Group was fined for a sum of 148 thousand 698 USD by the Treasury Department's Office of Foreign Assets Control (OFAC) for allegedly violating regulations of Washington's economic blockade against the island.
According to Prensa Latina News Agency, four US companies have been fined so far this year for having violated the genocidal blockade against the Cuban people.
According to OFAC, American International Group was involved in 29 violations while providing insurance to several merchandise delivers to or from Cuba or related with Cuban entities.
This is the second fine in three years that the insurance company has had to pay. In May of 2014 the US government alleged that its subsidiaries in Canada violated the regulations against Cuba three thousand 560 times since January 2006 to March of 2009.
More:
http://www.cubanews.acn.cu/economy/7047-us-company-fined-for-allegedly-violating-blockade-regulations
