USA: Tyson Foods paid out to settle federal allegations that it traded with rogue nations
Meat behemoth Tyson Foods paid out US$150,000 last September to settle federal government allegations that it has violated US trade embargoes against "rogue" nations. Tyson is named among 105 companies in documents released today [Wednesday] by the US Treasury Department's Office of Foreign Assets Controls (OFAC), which show that companies, banks and other organisations have between them paid out millions of dollars in recent years to settle such charges. The OFAC has identified more than 100 settlements between March 1998 and March 2002.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- 2017: three major drivers of M&A strategy
- Comment: Premier has more to ponder than Brexit
- The food market in 2017 - consumer trends and M&A
- Trump seen as negative for global food trade
- Analysis: B&G Foods balancing growth and decline
- Premier Foods issues profit warning
- Nestle mum on Mead Johnson takeover talk
- Mondelez sells Vegemite to Bega
- Kellogg to slash 250 jobs
- Emmi to buy dessert maker Italian Fresh Foods