Balli unit settles with US over export of 747 to Iran
WASHINGTON |
WASHINGTON Feb 5 (Reuters) - A unit of Britain's Balli Group Plc pleaded guilty on Friday in a U.S. court to charges it exported Boeing (BA.N) 747 aircraft from the United States to Iran, the U.S. Justice Department said on Friday.
The unit, Balli Aviation Ltd, agreed to pay a $2 million criminal fine and be placed on corporate probation for five years, the Justice Department said in a statement. (Reporting by Jeremy Pelofsky, editing by Lisa Von Ahn)
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