Summary:

British American Tobacco (BAT) has agreed to pay over $635 million to US authorities after a subsidiary admitted to conspiring to violate US sanctions by selling tobacco products to North Korea and committing bank fraud. The tobacco sales took place from 2007 to 2017, during which time North Korea was facing sanctions aimed at depriving the country of funds for its nuclear and missile programmes. The case marks the largest North Korea sanctions penalty in the history of the US Department of Justice.