US fines Microsoft for sanctions violation: $3.3 million

In the statement made by the US Department of Commerce, the Bureau of Industry and Security (BIS) of the Department of Commerce and the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury fined Microsoft a total of $ 3.3 million for violations of US export controls and sanctions laws. transferred.

In the statement, which stated that Microsoft voluntarily disclosed the alleged violations to both BIS and OFAC, it was noted that the company cooperated in the joint investigation carried out by BIS’s Export Enforcement Office and OFAC.

In the statement, it was emphasized that Microsoft took corrective measures after discovering the ongoing situation before export controls and sanctions imposed in connection with Russia’s war in Ukraine.

In the statement, it was stated that BIS imposed an administrative fine of 624 thousand 13 dollars on Microsoft, while OFAC imposed a fine of 2 million 980 thousand 266 dollars for 1,339 violations of the sanctions regulations covering Ukraine/Russia, Cuba, Iran and Syria.

In the statement, it was stated that Microsoft was given a loan of $ 276 thousand 382 by the BIS, subject to meeting its requirements under the settlement agreement with OFAC, and the total penalty amount was $ 3 million 327 thousand 897.

The U.S. Treasury Department said in a statement that most breaches between 2012 and 2019 were related to sanctioned Russian entities or individuals in the Crimea region, as a result of Microsoft’s failure to identify and block the use of its products by sanctioned parties.

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