NEW JERSEY COMPANY PENALIZED FOR ILLEGAL IRAN EXPORTS
Refinery Industries Inc. of Budd Lake, N.J. received five years probation and was fined $22,000 for attempting the illegal export of gas detection equipment to Iran.
The penalties was announced last week by Lisa Prager, acting Assistant Secretary of the U.S. Department of Commerce for Export Enforcement. The company tried to export the equipment from May to August 1998. The Department of Commerce controls the export of this commodity to Iran for foreign policy reasons.
The company also agreed to forfeit 195 units of methane gas detectors to the U.S. government and denied export privileges of the company and its president, Mahmood Reza Hashemi, for 10 years.