Australian businessman David Russell Levick has been sentenced to two years’ prison in the United States for exporting electronics and aircraft parts to Iran.
Levick, 57, of Sydney, entered guilty pleas in the District Court in Washington D.C. on Thursday, March 21, for violating the International Emergency Economic Powers Act, which criminalises transactions with Iranian entities without a license from the U.S. Department of Treasury.
Levick was the general manager of Thornleigh-based ICM Components when he solicited purchase orders and goods from a representative of a trading company in Iran.
This representative, referenced in court documents as “Iranian A,” also operated and controlled companies in Malaysia that acted as intermediaries for the Iranian company.
The activity took place in 2007 and 2008 and Levick was indicted in February 2012.
He has been in custody since being extradited to the U.S. in December last year.
In addition to the prison term, Levick must pay a forfeiture amount of $199,227, which represents the total value of the goods involved in illegal transactions.