News24.com | US cracks down on Israeli billionaire over DRC corruption, revoking Trump-granted licence

Donald Trump

Donald Trump

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  • The US, within the interests of “combatting corruption world broad”, tightened restrictions towards Israeli mining prosperous particular person Dan Gertler.
  • Gertler is accused of depriving the Democratic Republic of Congo of $1.4 billion in tax revenues over the past decade.
  • 5 days forward of Donald Trump left the White Dwelling, Gertler became granted a licence that unfroze property and allowed transactions to proceed.

Washington – The USA on Monday reimposed curbs on an Israeli billionaire accused of corruption within the Democratic Republic of Congo (DRC), reversing a transfer by Donald Trump sometime of his final days in space of business.

Rights groups had urged Joe Biden’s unique administration to end the sizzling easing of sanctions on mining prosperous particular person Dan Gertler, whom Washington claims deprived the DRC of $1.4 billion in tax revenues over the past decade.

US Bid Department spokesperson Ned Mark stated the licence granted to Gertler 5 days forward of Trump left the White Dwelling had been revoked, because it became “inconsistent with The US’s grand foreign places policy interests in combatting corruption world broad”.

The US hit Gertler with sanctions in December 2017, over mining deals struck with wait on from his buddy, then-Congolese president Joseph Kabila.

John Prendergast, co-founding father of The Sentry investigative non-profit group, welcomed Monday’s probability to over again tighten measures towards Gertler.

“Gertler’s depraved partnership with frail president Joseph Kabila ticket the DRC dearly by plot of misplaced sources, misplaced services and products, and, within the slay, misplaced lives,” Prendergast stated.

“Restoring the sanctions permits Congolese and US anti-corruption efforts to come again heading within the accurate route.”

Whereas Gertler and his companies had remained on the sanctions list, the Trump-granted licence allowed their transactions to transfer forward and unfroze some of their property.


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