February 5, 2015
Publication:
Bloomberg
Related Country:
- United States
A U.S. District Court Judge rejected the $21 million settlement between Fokker Services BV and the United States government over claims that the Dutch aerospace company violated sanctions against Iran. Judge Richard J. Leon called the penalties too lenient and "grossly disproportionate to the gravity of Fokker Services' conduct in a post-9-11-world" in a ruling handed down on February 5. The Department of Justice had alleged that Fokker sold aircraft parts to Iranian military customers, as well as to customers in Burma and Sudan, in violation of U.S. law.
