BIS Imposes Civil Penalty on Company for Attempting to Export Oil Burning Nozzles to Iran
The Commerce Department's Bureau of Industry and Security (BIS) has imposed a $10,000 civil penalty on New Jersey-based Nozzle Manufacturing Company (formerly known as JEP Manufacturing, Inc. and Newton Tool & Manufacturing) for attempting to make an unlicensed export to Iran.
In its charging letter BIS alleged that Nozzle Manufacturing violated 15 C. F. R. § 764.2(c) of the Export Administration Regulations (EAR) in October 1999 by trying to export oil burning nozzles through Germany, to Iran without obtaining authorization from the Treasury Department's Office of Foreign Assets Control (OFAC) as required by Section 746.7 of the EAR.
Nozzle Manufacturing agreed to settle the matter by agreeing to pay a civil penalty of $10,000 to the Commerce Department no later than the date Nozzle Manufacturing is sentenced in the related criminal case, or March 1, 2005, whichever occurs first. The settlement agreement specifies that failure to make timely payment of the civil penalty may result in the denial of all of Nozzle Manufacturing's export or reexport privileges for a period of one year.
The charging letter and settlement agreement can be viewed at the following link: http://efoia.bis.doc.gov/ExportControlViolations/E864.pdf.
|posted by Douglas N. Jacobson| Permalink 
