Iran sanctions scandal: Australian company offloads $15m cargo it says it was duped into carrying
(The Guardian Iran)

Quantum Fertiliser, part of ASX-listed Incitec Pivot, says it is reviewing its operations to avoid a recurrenceThe Australian multinational at the centre of an Iran sanctions scandal has offloaded a $15m shipment of Iranian cargo it says it was duped into taking, and is reviewing its operations to avoid a repeat.A subsidiary of ASX-listed company Incitec Pivot took hold of a cargo shipment of fertiliser from Iran late last month, potentially risking a contravention of strict United States sanctions. Related: Mystery $15m Iran shipment exposes Australian-owned firm to sanctions threat Related: Australia to join US military effort to protect shipping in the Strait of Hormuz Continue reading...