BIS - Dutch aerospace company settles claims of illegal exports, reexports to Iran, Sudan 

June 6: An office of the U.S. Commerce Department’s Bureau of Industry and Security (BIS) announced that a Netherlands-based aerospace service provider agreed to a $10.5 million civil settlement agreement in connection with the illegal export and re-export of aircraft parts, technology, and services to Iran and Sudan, both of which are subject to U.S. sanctions, including BIS licensing requirements.

The BIS release reports that under a deferred prosecution agreement entered into with the Department of Justice, the company also forfeited an additional $10.5 million.



For more information, contact a professional with KPMG’s Trade & Customs practice:


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(202) 533-3247


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