December 9, 2014
Publication:
The Export Practitioner
British businessman Gary Summerskill, of Cambridgeshire, England, has agreed to pay £68,000 in fines related to charges against him involving the unauthorized export of alloy valves to Iran. Summerskill, through his company Delta Pacific Valves Limited, exported three shipments of alloy valves valued at £3.4 million to Iran without the proper export authorization. These shipments were routed through Hong Kong and Azerbaijan in order to evade detection. In March 2014, Summerskill was sentenced to 30 months in jail following an investigation by Her Majesty's Revenue and Customs (HMRC). His company, Delta Pacific, was fined £225,000 at that time.
