Microsoft to pay $3 million in fines for selling software to sanctioned Russian companies
Microsoft will pay a $3 million fine in the US for selling software to sanctioned companies in Russia, Cuba, Iran and Syria between 2012 and 2019. According to the US Department of Defense, most of the apparent violations involved the activities of blocked Russian units or individuals based in Ukraine’s Crimean region. Treasury. “The settlement amount reflects the Office of Foreign Assets Control (OFAC)’s view that the conduct of the Microsoft entities was not egregious and voluntarily self-disclosed, and also reflects the significant corrective actions Microsoft took after discovering the…
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