| FOR IMMEDIATE RELEASE |
BUREAU OF INDUSTRY AND SECURITY |
| Friday, October 1st, 2010 |
Office of Public Affairs |
| www.bis.doc.gov |
202-482-2721 |
|
Four
Companies Settle Antiboycott Charges
(Originally posted at
http://www.bis.doc.gov/news/2010/bispress10012010.htm) |
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WASHINGTON – Commerce Assistant Secretary for Bureau of
Industry and Security David Mills announced today that four companies agreed to
pay $80,700 in civil penalties to settle allegations that each violated the
antiboycott provisions of the Export Administration Regulations (EAR). The
companies are OAC Shipping Company Inc, Mashreqbank PSC, MultiCam, Inc., and
three subsidiaries of Thermon Manufacturing Company.
Case summaries and additional information:
- OAC Shipping Company Inc (SCI), located in Miami, has agreed to pay a civil
penalty of $6,600 to settle two allegations that it violated the antiboycott
provisions of the EAR. The Bureau of Industry and Security (BIS), through its
Office of Antiboycott Compliance (OAC), alleged that during the year 2006, SCI
, furnished two certificates regarding the carrying vessel’s blacklist
status, in violation of the antiboycott provisions of the EAR. The transactions
giving rise to the alleged violations involved the sale and/or transfer of
goods or services (including information) from United States to Qatar. Detailed
information on this case is available at:
http://efoia.bis.doc.gov/antiboycott/violations/a705.pdf
- Mashreqbank PSC, located in New York City, has agreed to pay a civil
penalty of $12,800 to settle four allegations that it violated the antiboycott
provisions of the EAR. OAC alleged that during 2008 through 2009, Mashreqbank
PSC furnished four Certificates of Origin certifying that the goods were not of
Israeli origin, in violation of the antiboycott provisions of the EAR. The
alleged violations occurred in letter of credit transactions involving the sale
and/or transfer of goods or services (including information) from the United
States to Dubai. Mashreqbank PSC voluntarily disclosed the transactions to BIS
and cooperated fully with the investigation. Detailed information on this case
is available at: http://efoia.bis.doc.gov/antiboycott/violations/a706.pdf
- MultiCam, Inc. (MultiCam) located in Dallas, TX, has agreed to pay a civil
penalty of $28,800 to settle eight allegations that it violated the antiboycott
provisions of the EAR. OAC alleged that from 2005 through 2007, MultiCam
furnished four certificates regarding the carrying vessel’s blacklist
status, in violation of the antiboycott provisions of the EAR. OAC also alleged
MultiCam received four requests to take an action which would have the effect
of furthering or supporting a restrictive trade practice or unsanctioned
foreign boycott and that MultiCam failed to report to the Department of
Commerce its receipts of these requests, as required by the antiboycott
provisions of the EAR. The transactions giving rise to the alleged violations
involved the sale and/or transfer of goods or services (including information)
from United States to UAE. Detailed information on this case is available at:
http://efoia.bis.doc.gov/antiboycott/violations/a707.pdf
- Thermon Manufacturing Company (Thermon US), headquartered in San Marcos,
Texas, has agreed to pay civil penalties totaling $ 32,500 to settle
allegations that three subsidiaries violated the antiboycott provisions of the
EAR. Thermon US voluntarily disclosed the transactions and cooperated fully in
the investigation.
BIS alleged that Thermon Far East Ltd (Japan), during the years 2003 and 2004,
in connection with transactions involving the sale and/or transfer of goods or
services (including information) from the United States to Libya, on four
occasions, furnished a Certificate regarding the carrying vessel’s
blacklist status, in violation of the antiboycott provisions of the EAR.
Detailed information on this case is available at:
http://efoia.bis.doc.gov/antiboycott/violations/a708.pdf
BIS also alleged that Thermon Europe BV (Netherlands), during the years 2003
through 2008, on one occasion, agreed to refuse to do business with another
person pursuant to a request from a boycotting country in connection with
transactions involving the sale and/or transfer of goods or services (including
information) from the United States to Iran, Oman, Syria and UAE; furnished two
items of prohibited information that goods were not of Israeli origin and the
vessel, not banned entry to Arab States; and, on four occasions, failed to
report to the Department of Commerce its receipt of a request to engage in a
restrictive trade practice or boycott, as required by the EAR.
http://efoia.bis.doc.gov/antiboycott/violations/a709.pdf
Lastly, BIS alleged that Thermon (UK) Ltd (UK), during the years 2004 and 2006,
in connection with transactions involving the sale and/or transfer of goods or
services (including information) from the United States to Iran and UAE, on two
occasions, failed to report to the Department of Commerce its receipt of a
request to engage in a restrictive trade practice or boycott, as required by
the EAR. http://efoia.bis.doc.gov/antiboycott/violations/a710.pdf
BACKGROUND
The antiboycott provisions of the EAR prohibit US persons from taking certain
actions with intent to comply with, further or support unsanctioned foreign
boycotts, including furnishing information about business relationships with or
in a boycotted country or with blacklisted persons. In addition, the EAR
requires that persons report their receipt of certain boycott requests to the
Department of Commerce. For more information, please visit BIS’ Online
Training Room at
http://www.bis.doc.gov/seminarsandtraining/seminar-training.htm or contact the
OAC Advice Line at (202) 482.2381
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