May 29, 2015
Publication:
The Export Practitioner
Related Country:
- Canada
- Turkey
- United Arab Emirates
- United States
AAG Makina, a Turkish equipment manufacturer, settled one charge of aiding an unauthorized export to Iran with the Bureau of Industry and Security on March 20, 2015. In October 2011, Satco Corporation, a Canadian company, ordered over $47,334 worth of valve parts and a pressure transmitter, which were shipped to AAG Makina in Istanbul from a U.S. supplier. AAG Makina subsequently shipped the items to two Iranian petrochemical companies without authorization from U.S. authorities. AAG Makina employee Murat Peker along with Saeed Talebi worked to facilitate the transfers. The Turkish company agreed to pay a civil penalty of $23,000.
