VOL. XXXV

NO. 24

16-MARCH-1992

Libya

US Treasury Fines Six Companies for Libyan Sanctions Violations

The US Treasury Department announced on 6 March that it had collected around$500,000 in civil penalties from six foreign companies for violations of USsanctions against Libya, and that there will be further announcements in thenext few weeks of more penalties imposed on companies doing business with Libyafrom or through the US. "This is a warning to companies throughout theworld that they may not...