<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Adani resolves OFAC sanctions case with USD 275 mn settlement after &#039;proactive&#039; disclosure, cooperation</title>
    <link>https://www.taxtmi.com/news?id=72867</link>
    <description>Adani Enterprises settled an OFAC sanctions matter involving apparent violations linked to imports of Iranian-origin LPG through Mundra Port by agreeing to pay USD 275 million. The company said the resolution did not constitute a finding of guilt or wrongdoing and resolved all related liabilities. OFAC reduced the amount after voluntary self-reporting, proactive disclosure, cooperation, and corrective compliance steps, including strengthened sanctions controls and enhanced internal measures across the corporate group.</description>
    <language>en-us</language>
    <pubDate>Mon, 18 May 2026 20:31:03 +0530</pubDate>
    <lastBuildDate>Mon, 18 May 2026 20:31:03 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=902584" rel="self" type="application/rss+xml"/>
    <item>
      <title>Adani resolves OFAC sanctions case with USD 275 mn settlement after &#039;proactive&#039; disclosure, cooperation</title>
      <link>https://www.taxtmi.com/news?id=72867</link>
      <description>Adani Enterprises settled an OFAC sanctions matter involving apparent violations linked to imports of Iranian-origin LPG through Mundra Port by agreeing to pay USD 275 million. The company said the resolution did not constitute a finding of guilt or wrongdoing and resolved all related liabilities. OFAC reduced the amount after voluntary self-reporting, proactive disclosure, cooperation, and corrective compliance steps, including strengthened sanctions controls and enhanced internal measures across the corporate group.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Mon, 18 May 2026 20:31:03 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=72867</guid>
    </item>
  </channel>
</rss>