Earlier this year, 25 Congolese and international civil society organizations wrote a letter to the U.S. secretary of state, calling on the United States government to maintain sanctions against diamond trader Dan Gertler. Since reaching a settlement requiring Gertler to hand over several valuable mines and oil concessions, the Democratic Republic of Congo’s government […]
Call to Re-impose US Sanctions on Gertler idexonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from idexonline.com Daily Mail and Mail on Sunday newspapers.
Biden urged to reinstate sanctions on Israeli mining tycoon
In the last days of Donald Trump s presidency, officials quietly handed billionaire Dan Gertler a provisional license that had all but voided earlier sanctions
Trump officials reportedly did not broadly consult with State Department and national security advisers ahead of issuing the license to Dan Gertler (AFP) By Published date: 4 March 2021 18:33 UTC | Last update: 2 weeks 5 days ago
The decision to close the Kingamyambo Musonoi Tailings (KMT) Mine in the south of the Democratic Republic of the Congo surprised its 700 employees, who had laid down their tools and left tasks half finished when the gates shut more than 10 years ago.
Tough Sanctions, Then a Mysterious Last-Minute Turnabout
The Treasury Department slapped sanctions on the Israeli billionaire Dan Gertler in 2017 for corruption in Africa. In Donald Trump’s final days in office, they were rolled back with no explanation.
Dan Gertler, an Israeli billionaire, at an open-pit mining operation in the Democratic Republic of Congo. The sanctions rollback has left the Biden administration scrambling to determine whether it can be reversed.Credit.Simon Dawson/Bloomberg
Feb. 21, 2021
WASHINGTON In early December, an Israeli billionaire named Dan Gertler made an unusual request to the Treasury Department.
A mining magnate who had been accused for years of corruption in deals he struck with leaders of the Democratic Republic of Congo, Mr. Gertler had been slapped with stiff sanctions by the Trump administration in 2017, effectively cutting off his access to the international banking system and freezing money held in U.S. banks.