Canadian company charged with breaching Iran sanctions law

(Reuters) – A Canadian company will appear in court on Monday charged with violating international sanctions by trying to export components to Iran that could have nuclear applications.

The Royal Canadian Mounted Police (RCMP) said they launched an investigation into manufacturing company Lee Specialties Ltd after customs officers at Calgary International Airport intercepted Viton O-rings in May 2011 that were in a cargo shipment bound for Iran.

Viton is a brand of synthetic rubber and fluoropolymer elastomer with high temperature and chemical resistance, while O-rings are mechanical gaskets.

They can be used both in oilfields and nuclear programs and are specifically listed as a prohibited item that cannot be shipped or sold to any person in Iran under Canada’s Special Economic Measures Act.

Lee Specialties Ltd was not immediately available to comment on the charges…