UK Firm Sells B-747 To Iran

  • Middle East Newsline
  • February 08, 2010
WASHINGTON [MENL] -- A British company has pleaded guilty to illegally
selling a U.S. aircraft to Iran.
Balli Aviation Ltd., a subsidiary of Britain's Balli Group, has pleaded
guilty to the illegal export of a Boeing 747 aircraft from the United States
to Iran. In a plea bargain, Balli agreed to pay a $2 million fine and placed
on corporate probation for five years.
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