An Ohio-based manufacturer will pay $216,464 for apparent U.S. sanctions violations that occurred when its European trade partners re-exported its products to Iran.
UniControl, a manufacturer of process controls and instrumentation, agreed to pay the fine as part of a settlement announced Monday by the Office of Foreign Assets Control (OFAC). According to OFAC, UniControl sent 21 shipments of air pressure switches worth $687,189 to several European trade partners from 2013-17 but failed to prevent those partners from re-exporting the switches to Iran. Before sending two shipments in 2017, UniControl employees knew the end users were located in Iran, OFAC said.
