Trump eased sanctions on mining tycoon Dan Gertler before leaving office
Gertler, originally a diamond trader, amassed his fortune mostly by buying mining assets from the DRC at greatly discounted prices, and selling them at great profit. (
The order, issued on January 15, followed an appeal by lobbyists working for Gertler, including lawyer Alan Dershowitz, who helped represent Trump during his first impeachment,
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Washington sanctioned Gertler in 2017 under the Global Magnitsky Human Rights Accountability Act, which froze any US assets he held and banned him from dealing in US dollars or with any American entity.
The US Treasury’s reversal of those restrictions means that US institutions can lift asset freezes and transact with both Gertler and 33 of his sanctioned businesses until the end of January 2022.
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