Construction Specialties (CS) has 10 offices in the United States and 25 foreign affiliates, including Construction Specialties Middle East (CSME) located in the United Arab Emirates. CSME knowingly violated sanctions when it imported building materials from the United States, then reexported them to Iran, according to OFAC.The penalty reflects the agency’s determination CSME’s apparent violations were egregious and voluntarily self-disclosed, OFAC said in its enforcement release Wednesday.The details: During a visit by CS executives in June 2016, CSME’s general manager,…
Construction Specialties to pay $660K in Iran sanctions case – Compliance Week
