"Amazon, under the Post’s new owner, Jeff Bezos, recently secured a $600 million contract from the CIA"...12/19/2013, "Amazon, ‘The Washington Post’ and That $600 Million CIA Contract," The Nation, Greg Mitchell
2/10/17, "Amazon Discloses Iranian Business Ties, Warns of Penalties," Bloomberg, Shelly Hagan
"Company sold products to individual, groups linked to Iran. Amazon reported the transactions to the U.S. government."
on Friday disclosed Iranian business ties that may have violated U.S.
sanctions, warning that it may be penalized after a regulatory review of
The company said in a regulatory filing that from
2012 to 2016 it “processed and delivered orders of consumer products
for certain individuals and entities located outside Iran covered by the
Iran Threat Reduction and Syria Human Rights Act (ITRA).”
said it reported the transactions to the U.S. Treasury Department’s
Office of Foreign Assets Control and the Department of Commerce’s Bureau
of Industry and Security. The world’s biggest e-commerce retailer said
it will cooperate with a review by the agencies, and added that this
could result in “penalties,” according to the filing.
In 2012, President Barack Obama signed the ITRA to strengthen trade restrictions
on Iran and try to persuade the country to stop its nuclear activities.
This law imposes civil penalties and takes other action against foreign
subsidiaries of U.S. companies engaging in transactions with Iran. In
January 2016, the U.S. lifted some of the economic sanctions tied to the
Amazon said Friday it sold a variety of consumer
products to individuals and unspecified groups controlled or owned by
the Iranian government. The goods ranged from apparel to software to pet
products and cost $50 to about $2,400, according to the filing.
said it doesn’t plan to sell to these accounts in the future.
review is ongoing and we are enhancing our processes designed to
identify transactions associated with individuals and entities covered
by the ITRA,” Amazon said."
Added: "Why come clean now, and disclose violations that took place as far back as 2012?"
""The consumer products included books, other media, apparel, home and
kitchen, jewelry, office, toys, consumer electronics, software, health
and beauty, pet products, and lawn and patio."
The company also said that is was "unable accurately to calculate the
net profit attributable to these transactions" and said it does "not
plan to continue selling to these accounts in the future."
The statement concludes with Amazon's declaration that its "review is
ongoing and we are enhancing our processes designed to identify
transactions associated with individuals and entities covered by the
Why come clean now, and disclose violations that took place as far back as 2012?
Perhaps because Amazon, along with many other tech companies, was a
key catalyst behind the recent successful lawsuit against the Trump
administration's immigration executive order. While it is unknown if AG
Sessions (or Trump himself) will retaliate against said companies, Jeff
Bezos, who has a long "history" with Trump, decided not to take the
2/11/17, "Amazon Discloses Iranian Transactions That May Have Violated US Sanctions, Warns It May Be "Penalized"," zero hedge, durden
Saturday, February 11, 2017
Company owned by Washington Post publisher Jeff Bezos publicly admits it sold goods to Iranian government owned groups or individuals in violation of US law from 2012 to 2016. Didn't incur penalties from Obama admin. but says it may be penalized in future-Bloomberg, 2/10/17 (Two Americas: One for elites like Jeff Bezos, his Washington Post and Amazon.com and another for peasants)
Posted by susan at 8:25 PM