Treasury Department Fines ExxonMobil for Russia Sanctions Violations

Treasury Department Fines ExxonMobil for Russia Sanctions Violations

The U.S. Treasury Department has fined Exxon Mobil Corporation $2 million for violating Russia sanctions related to Ukraine, while Secretary of State Rex Tillerson was CEO of the global oil and gas conglomerate. The department's Office of Foreign Assets Control imposed the civil penalty after concluding Exxon Mobil did not voluntarily disclose the violations, which "constitute…


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