Tuesday, April 25, 2023

A tobacco giant will pay $629 million for violating U.S. sanctions against North Korea

Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson, with U.S. Attorney Matthew Graves for the District of Columbia, speaks during a news conference on Tuesday at the Department of Justice in Washington.

British American Tobacco, one of the largest tobacco companies in the world, agreed to settle allegations that it did illegal business with Pyongyang in violation of U.S. sanctions.

(Image credit: Manuel Balce Ceneta/AP)

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