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I’m glad he went to prison but what is the point in fining such a company $1.3m?
1.225 M EUR is the maximum fine allowed by law for one of the charges. There was a 4,57 M EUR customs fine added on top of that for violating international sanctions. The fine is shared between the company AND the former executives involved.
If the law allowed it, the amount could have been higher. Fining the company AND former executives, as well as sending the former CEO to jail is a good way to hold people accountable.
Bruno Lafont, Lafarge’s former CEO, was arrested in the courthouse upon sentencing and immediately sent to prison.
What if gave money to the IDF?