HM Revenue and Customs has issued a Notice to Exporters reporting on the imposition of a civil compound penalty against an unnamed company for making "goods available to Russia in breach of" the UK's Russian sanctions.
The penalty is stated to be £1,160,725.67.
No other information has been published on the identity of the offender, the nature of the offending or the goods that were exported, whether there was a self-report, or the nature of the cooperation that secured a civil penalty.
Disclaimer: This Alert has been prepared and published for informational purposes only and is not offered, nor should be construed, as legal advice. For more information, please see the firm's full disclaimer.