- Aug 17, 2017
- 1,609
Microsoft has agreed to pay over $3 million in fines for selling software to sanctioned entities and individuals in Cuba, Iran, Syria, and Russia from 2012 to 2019. The US Department of the Treasury says that “the majority of the apparent violations involved blocked Russian entities or persons located in the Crimea region of Ukraine” and that the company will be paying around $2.98 million to the Treasury’s Office of Foreign Assets Control (or OFAC) and $347,631 to the Department of Commerce. (It settled for $624,013 but will receive a credit for its agreement with the Treasury.) According to an enforcement notice from OFAC, Microsoft, Microsoft Ireland, and Microsoft Russia failed to oversee who was buying the company’s software and...
Microsoft sold software to sanctioned Russian companies, says US government
The company caught the issue and reported itself.
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