Settlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control

"The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced a $894,111 settlement with Comtech Telecommunications Corp. (“Comtech”), based in Melville, New York, and its wholly-owned subsidiary, Comtech EF Data Corp. (“EF Data”), headquartered in Tempe, Arizona. Comtech, a company specializing in the sales of advanced communications systems, software, and services, has agreed to settle its potential civil liability for four apparent violations of the Sudanese Sanctions Regulations, 31 C.F.R. part 538 (SSR). Specifically, between June 2014 and October 2015, Comtech, through its subsidiary EF Data, indirectly exported warrantied satellite equipment and facilitated services and training to a government-owned entity in Sudan in apparent violation of the SSR. OFAC determined that Comtech voluntarily disclosed the apparent violations and that the apparent violations constituted an egregious case."

(Source: U.S. DEPARTMENT OF THE TREASURY)