Toll Holdings, an international freight forwarding and logistics company based in Australia, has agreed to remit more than $6.1 million as part of a settlement resolving nearly 3,000 apparent violations of Iran, North Korea, and Syria sanctions, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced Monday.
The agency said in its web notice the settlement amount reflected its determination the apparent violations were voluntarily self-disclosed and nonegregious.
