USA Fines Company for Violating Blockade on Cuba

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The U.S. government fined an American company for alleged violations to the economic, commercial and financial blockade that country has maintained against Cuba, the Ministry of Foreign Affairs (MINREX) said here.

On 20 January, prior to the announcement of the new regulations by the Departments of Treasury and Commerce on Cuba, the U.S. firm WATG Holdings Inc. was penalized for $140, 400 USD for infringing the regime of unilateral sanctions against the Caribbean island.

According to a report by the Office of Foreign Assets Control (OFAC) of the U.S. Department of Treasury, WATG subsidiary in the United Kingdom, Wimberly Allison Tong and Goo, worked for a Qatari company in the design and architecture of a hotel draft in Cuba, for which it received three payments.

OFAC ensures that those expenditures took place between October 2009 and May 2010, and amounted to $356,714 USD.


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