Well, kind of.
TradeWinds has learned that associates of Greek mogul Victor Restis recently agreed to make a $400,000 donation to the New York-based non-profit under a broader effort to repair the damage caused by a name and shame campaign aimed at Enterprises Shipping & Trading (EST) and its affiliates.
In exchange, under the terms of a tentative settlement struck late last month on the back of meetings with UANI chief executive Mark Wallace in Manhattan and Abu Dhabi the organisation planned to issue a press release stating the Greek operator and its subsidiaries:
“Have in place a comprehensive written compliance policy which strictly prohibits them from doing any business in or with the Islamic Republic of Iran or its agents and instrumentalities.”
Negotiations...
