ExxonMobil sues US Treasury

ExxonMobil has sued the US Treasury after allegations that the company violated the Russian sanctions in 2014.

Photo: /ritzau/LM OTERO

US oil major ExxonMobil has sued the US Treasury as part of an effort to avoid a fine for allegations that the company violated Russian sanctions in 2014, reports the Financial Times.

The US Treasury fined ExxonMobil with the maximum penalty of USD 2 million for "egregious" violations of the US sanctions against Russia. These violations took place under command of then-CEO Rex Tillerson who is now the US secretary of state.

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