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Biden White House Revokes Trump's Relief of Sanctions Against Israeli Billionaire Dan Gertler | The Jewish Press - JewishPress.com | David Israel | 25 Adar 5781 – March 9, 2021


Israeli Billionaire Dan Gertler
On December 21, 2017, President Donald Trump issued Executive Order 13818 which, among other targets, blocked all of the Israeli billionaire businessman Dan Gertler’s assets under US jurisdiction. According to The Economist, these sanctions were part of the reason for Gertler’s close friend, then-President of the Democratic Republic of the Congo (DRC) Joseph Kabila, decision not to run for re-election in 2018. Then, on the eve of Trump’s departure, January 15, 2021, following lobbying by Alan Dershowitz and others, the US Treasury lifted the sanctions on Gertler. On Monday, the Biden administration moved to reimpose the same sanctions.
Gertler, 48, grandson of Moshe Schnitzer, first President and co-founder in 1947 of the Israel Diamond Exchange, has diamond and copper mining interests in the DRC, and investments in iron ore, gold, cobalt, oil, agriculture, and banking. In 2015 Forbes estimated his fortune at $1.26 billion. He is marri ....

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Biden urged to reinstate sanctions on Israeli mining tycoon


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)
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Published date: 4 March 2021 18:33 UTC
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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. ....

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