AFP
NEW YORK (AFP) — A US citizen who was a director at a Singapore company pleaded guilty Friday to conspiring to export aircraft parts to Iran in violation of a US trade embargo, prosecutors said.
Laura Wang-Woodford faces a maximum prison term of five years and a fine of up to 250,000 dollars, New York prosecutors said in a statement. She has also agreed to forfeit half a million dollars.
A director at Singapore-based Monarch Aviation Pte, she was charged with exporting restricted US aviation parts for a decade to Singapore and Malaysia, where they were illegally re-exported to Iran.
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