Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Business

CSE Global to pay $12 million to settle apparent violations of Iran sanctions: U.S.

WASHINGTON (Reuters) - Singapore-based technology company CSE Global Ltd has agreed to pay more than $12 million to settle 104 apparent violations of Iran sanctions by its subsidiary, the U.S. Department of Treasury said on Thursday.

The subsidiary, ​CSE TransTel Pte Ltd, "caused at least six separate financial institutions to engage in the unauthorized exportation or re-exportation of financial services from the United States to Iran," in 2012 and 2013, U.S. Treasury said in a statement on its website.

(Reporting by Susan Heavey and Doina Chiacu)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Zach Braff denies he is dating AI chatbot
‘Not me,’ said the star of ‘Scrubs’ and ‘Garden State’, ‘love, the guy not dating his chatbot’
The Independent UK
The Independent UK
Andrew and Peter Mandelson pictured in bathrobes with Jeffrey Epstein
Trio captured relaxing around a wooden table in photo believed to have been taken on Martha’s Vineyard
The Guardian - UK
The Guardian - UK
Hooked by Asako Yuzuki: a biting tale of female loneliness and obsession
After the sensational reception of her novel Butter (2017, translated into English in 2024), Asako Yuzuki is back with Hooked (translated by Polly Barton) – a novel about loneliness and the sometimes twisted and complicated relationships between women.
The Conversation
The Conversation
What experts want you to know about the squigglies in your vision
Eye ‘floaters’ are generally harmless - until they’re a sign of something terribly wrong
The Independent UK
The Independent UK
Short Circuit: An inexhaustive weekly compendium of rulings from the federal courts of appeal
Fiery writs, imperial sovereigns, and cheating escheators.
Reason
Reason
Why everyone is switching to modular sofas in 2026 (and the 10 best picks to upgrade your space)
Stars like Kylie Jenner, Justin Bieber, and Kerry Washington love this style of buildable sofa. Is it time to hop aboard?
Evening Standard
Evening Standard
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play