Russian Prime Minister Vladimir Putin, right, and then-Exxon Mobil Chief Executive Rex Tillerson meet in Sochi, Russia, on Aug. 30, 2011. (Alexei Druzhinin / Associated Press)Exxon Mobil Corp. showed “reckless disregard” for U.S. sanctions on Russia three years ago while Secretary of State Rex Tillerson was the oil giant’s chief executive officer, the Treasury Department said Thursday.
It fined the company $2 million, the maximum civil penalty under the law, calling the violation an “egregious case.”
Exxon “is a sophisticated and experienced oil and gas company that has global operations” and should know better when it comes to U.S. sanctions, Treasury said.
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Source: GNN Liberia