A Dutch court has fined a company and sentenced three men to community service for illegally exporting to Iran gas turbine parts that could be used in the manufacture of weapons.
The court in the southern province of Limburg, has convicted Euroturbine BV of setting up shell construction companies aimed at circumventing Dutch export license requirements that were tightened in 2009. The Dutch company was fined 500,000 euros ($565,383) and a Bahrain-based subsidiary 350,000 euros ($395,800).
The court says the shell companies were set up “so that gas turbine parts could still be sold to clients in Iran.” It did not publicly identify the clients.
For their roles in the export scam, the company’s director, an indirect shareholder, and an employee have been sentenced to perform unpaid community service.
— AP
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