Weatherford International Ltd. — $91,026,450 OFAC penalty
OFAC published a $91,026,450 civil penalty against Weatherford International Ltd. on 11/26/2013. It is the #18 largest action in OFAC’s 1,052-entry enforcement chart and #1 of the 27 actions published that year.
The record
| Entity, as published by OFAC | Weatherford International Ltd. |
|---|---|
| Penalty / settlement amount | $91,026,450 |
| Date published by OFAC | 11/26/2013 |
| Aggregate penalties, settlements or findings | 1 |
| Rank among all published OFAC actions | #18 of 1,052 |
| Rank within 2013 | #1 of 27 |
| Share of 2013 penalty total | 66.4% |
| Voluntarily self-disclosed | Yes |
| OFAC egregiousness determination | Egregious |
| Sanctions programs named in the release | Iran, Cuba, Sudan |
Primary source
OFAC enforcement release: 20131126_weatherford.pdf. This page adds no facts beyond that document and OFAC’s published penalty chart.
Comparable 2013 actions
- Royal Bank of Scotland plc — $33,122,307
- American Express Travel Related Services Company, Inc. — $5,226,120
- Intesa Sanpaolo S.p.A. — $2,949,030
- Alma Investment LLC — $1,500,000
- Finans Kiymetli Madenler Turizm Otomotiv Gida Tekstil San. Ve Tic — $750,000
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