this post was submitted on 10 Sep 2023
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[–] TransplantedSconie@lemm.ee 70 points 1 year ago (4 children)

So...will they seize the companies assets and arrest the CEO for violating the sanctions?

Because that's how you stop this shit.

[–] Cleverdawny@lemm.ee 9 points 1 year ago (2 children)

Seizing over a hundred million of oil is a pretty big ouch to any business

[–] Rodeo@lemmy.ca 12 points 1 year ago (1 children)

For business sure. But what about consequences for the people who made the decisions?

[–] jarfil@lemmy.world 0 points 1 year ago

They get fired for losing the company 100 million? They get a bonus for implementing a better way of doing the same thing the next 50 times? Dunno, I'm not an oil smuggling expert.

[–] NateNate60@lemmy.ml 2 points 1 year ago

Not for the shipping company. It's not their oil. The Iranians can ask the shipping company for compensation, which they could easily refuse and there isn't much recourse that the Iranians would have. The Chinese could demand compensation but if the company again refuses or claims insolvency or whatever, it's easier for the Chinese to just stiff the Iranians with payment instead.

[–] Acters@lemmy.world 4 points 1 year ago* (last edited 1 year ago)

A dream that won't come true, these people only see this as part of the risk of doing business and will try again in the same way, hoping to not get caught, or will find a legal loophole.