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State Department revokes Trump-era exception for sanctioned Israeli billionaire

© Getty The State Department on Monday revoked a special license issued by the former Trump administration for Israeli billionaire businessman Dan Gertler, reinstating sanctions put in place over alleged corruption occurring in the Democratic Republic of Congo.  Gertler, an Israeli, mining-business magnate, was granted a special license in the waning days of the Trump administration that allowed him to carry out international transactions that were barred by sanctions imposed in 2017 and renewed in 2018. “The license previously granted to Mr. Gertler is inconsistent with America’s strong foreign policy interests in combating corruption around the world, specifically including U.S. efforts to counter corruption and promote stability in the Democratic Republic of the Congo (DRC),” State Department spokesperson Ned Price said in a statement. 

Sanctions Are Reimposed on Israeli Billionaire Granted Relief Under Trump

Sanctions Are Reimposed on Israeli Billionaire Granted Relief Under Trump The Biden administration moved to reverse an action that had benefited Dan Gertler, who has been accused of corruption over mining deals in the Democratic Republic of Congo. The Israeli billionaire Dan Gertler was accused of using his connections to the former Congolese president to arrange corrupt mining deals.Credit.Simon Dawson/Bloomberg March 8, 2021 WASHINGTON The Biden administration moved on Monday to reimpose financial sanctions on an Israeli mining executive who had turned to a team of lobbyists to have the measures eased during President Donald J. Trump’s final days in office.

U S re-imposes sanctions against Israeli businessman

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