# OFAC settlement: The General Electric Company
> Settled **$2.72M** for sanctions violations · 2019-10-01 · FY2019
## Settlement
- **Party:** The General Electric Company
- **Date:** 2019-10-01
- **Aggregate penalty:** $2.72M
- **Number of penalties:** 1
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*Source: [OFAC 2019 Enforcement Information](https://ofac.treasury.gov/civil-penalties-and-enforcement-information/2019-enforcement-information) · MORVS · CC0 1.0*