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U.S. punishes British Group for violating Cuba blockade regulations

Havana, Apr 15 (RHC)-- U.S. authorities have announced that the British Group Acteon, a world’s leader in the supply of submarine services for the oil and gas industry, will have to pay 227,500 dollars for alleged violations of regulations under Washington’s blockade policy on Cuba.

According to Prensa Latina news agency, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced that it had reached an agreement for that amount with the company and several subsidiaries to, in their words 'liquidate an eventual civil liability for seven apparent violations of the Cuban Assets Control Regulations (CACR)'.

The U.S. federal entity charged that between May 2011 and October 2012, two subsidiaries in Malaysia of the U.K.-based company conducted engineering design analysis for oil well drilling projects in Cuban territorial waters, in addition to sending teams of engineers to the Caribbean state to conduct workshops on the issue.

The new sanction comes just days after Britain’s bank Standard Chartered agreed to pay $1.1 billion for allegedly violating the U.S. blockade of Cuba.

Washington insists on maintaining its nearly six decade-old blockade policy toward Havana, despite growing calls in the U.S. and around the world, urging an end to the hostile policy and advocating normalized U.S.-Cuba ties.


Edited by Jorge Ruiz Miyares
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