WHAT S BEHIND THE WEST S RAGE AND ATTEMPTS TO DISMANTLE ETHIOPIA? | Zehabesha Ethiopian News
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Telephonic Press Briefing on COVID-19 in Africa and the U S Response with Assist Sec of State
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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.