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Thursday, April 29, 2021

US fines German software company SAP $8M over Iran sanctions


U.S. prosecutors said Thursday that German software giant SAP will pay more than $8 million in penalties in acknowledging that it illegally exported its products to Iran. The U.S. said the company could have faced stiffer penalties and prosecution had it not voluntarily disclosed the activities that violated American sanctions against Iran. The company agreed […]

source https://www.seattletimes.com/business/us-fines-software-company-sap-8m-over-iran-sanctions/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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