It was reported today that the French authorities have commenced an investigation into the cement company Lafarge-Holcim with regards to payments made relating to its Syrian manufacturing operations that are alleged to be payments made to designated persons under the EU’s terrorist financing and ISIS sanctions.
Netherlands – airline fined €40,000 for export of military goods
The District Court of Noord-Holland has today fined a fine of €40,000 on the Dutch airline KLM for its role in the unlicensed export of goods on the EU’s military list from the South African to Ecuador via the Netherlands.
The judgment noted that subsequent investigation had revealed 74 shipments where the required reporting had not been complied with.
Netherlands – €50,000 fine for unlicensed exports to Saudi Arabia
A District Court in the Netherlands has imposed a €50,000 fine on logistics provider for its part in the unlicensed export of military goods to Saudi Arabia.
No export licence had been applied for. The value of the contracts is stated to have been US$14 million.