OFAC’s $275 million Adani settlement turns origin proof into board-level sanctions evidence

OFAC’s settlement with Adani Enterprises is this week’s clearest enforcement signal: a non-U.S. company paid $275 million after Iranian-origin LPG moved through high-risk trading and shipping channels and 32 U.S.-dollar payments were processed through U.S. financial institutions. For law firms and in-house teams, the lesson is that certificates of origin, vessel behaviour, pricing anomalies and counterparty warranties must be treated as evidence to test, not paperwork to file.