Société Internationale de Télécommunications Aéronautiques SCRL — $7,829,640 OFAC penalty
OFAC published a $7,829,640 civil penalty against Société Internationale de Télécommunications Aéronautiques SCRL on 02/26/2020. It is the #38 largest action in OFAC’s 1,052-entry enforcement chart and #1 of the 15 actions published that year.
The record
| Entity, as published by OFAC | Société Internationale de Télécommunications Aéronautiques SCRL |
|---|---|
| Penalty / settlement amount | $7,829,640 |
| Date published by OFAC | 02/26/2020 |
| Aggregate penalties, settlements or findings | 1 |
| Rank among all published OFAC actions | #38 of 1,052 |
| Rank within 2020 | #1 of 15 |
| Share of 2020 penalty total | 33.2% |
| Apparent violations cited | 9,256 |
| Statutory maximum penalty | $2,453,077,327 |
| Base penalty | $13,384,000 |
| Voluntarily self-disclosed | No |
| OFAC egregiousness determination | Non-egregious |
| Conduct period cited | April 2013 - February 2018 |
| Sanctions programs named in the release | Iran, Syria, Terrorism |
Settlement against statutory maximum
OFAC put the statutory maximum civil monetary penalty for this case at $2,453,077,327. The settled amount of $7,829,640 is 0.3% of that maximum, which OFAC's Enforcement Guidelines tie to factors including voluntary self-disclosure and whether the conduct was egregious.
Primary source
OFAC enforcement release: 20200226_sita.pdf. This page adds no facts beyond that document and OFAC’s published penalty chart.
Comparable 2020 actions
- Generali Global Assistance, Inc. — $5,864,860
- Berkshire Hathaway, Inc. — $4,144,651
- Eagle Shipping International (USA) LLC — $1,125,000
- Comtech Telecommunications Corp. — $894,111
- Whitford Worldwide Company, LLC — $824,314
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