In an April 19 news release, treasury officials in Washington said that SCG Plastics Co. Ltd. of Bangkok has agreed to pay the fine to settle potential civil liability for 467 apparent violations ...

Bangkok-headquartered SCG Plastics agreed to pay the fine to settle 467 apparent sanctions violations, the Treasury Department said in statement on Friday. These violations caused US financial ...

Thai company SCG Plastics has agreed to pay about $20 million to settle allegations that it used the U.S. financial system to receive hundreds of millions of dollars for products made in Iran ...

While SCG Plastics is no longer in operation, a signed agreement between OFAC and the firm releases SGC Plastics from any liability related to the sanctions violations. The fines come as U.S ...

SCG Plastics Co shipped high-density polyethylene (HDPE) resin but hid the product's Iranian origins, causing US financial institutions to unwittingly process $291 million in wire transfers that ...

Bangkok-headquartered SCG Plastics agreed to pay the fine to settle 467 apparent sanctions violations, the Treasury Department said in a statement on April 19. These violations caused US ...