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Yankees Pay $75,000 To Settle
Cuba
Dispute
April 11, 2003,
Newsday.com
WASHINGTON -- The New York Yankees paid the
government $75,000 to settle a dispute that
it conducted business in Cuba in violation
of a long-standing U.S. embargo, according
to documents released Friday.
The Treasury Department's Office of Foreign
Assets Control, which enforces the embargo
and other economic sanctions the
United States
imposes, recently began disclosing penalties
assessed or payments made as part of
settlements involving violations of economic
sanctions.
The documents provide few details. The
Yankees' case involved "a contract in which
Cuba has an interest," the documents said.
The New York baseball club had no immediate
comment, Yankees spokesman Ben Tuliebitz
said.
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