Toyota Motor Credit Corporation Agrees to Pay for Alleged SDN Violations
Toyota Motor Credit Corp. agreed to remit $23,400 to settle potential civil liability for violations of the Foreign Narcotics Kingpin Sanctions Regulations, the Office of Foreign Assets Control announced April 25. OFAC determined that the Corporation did not voluntarily self-disclose…
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the apparent violations. Between April 2008 and June 2010, TMCC maintained a loan account and processed information for 26 loan payments totaling $14,449 on behalf of Claudia Aguirre Sanchez, OFAC said. Sanchez is named a Specially Designated Narcotics Trafficker and was added to the Specially Designated Nationals list in 2007.