US reimposes sanctions on Israeli billionaire Dan Gertler

The US has reversed a decision to temporarily ease sanctions on Israeli billionaire Dan Gertler, , who is accused of corruption over mining deals in the Democratic Republic of Congo. According to a statement by the US Department of State, he Department of the Treasury, in consultation with the Department of State, revoked the license that was issued to Specially Designated National Dan Gertler on January 15, 2021.

“The license previously granted to Mr. Gertler is inconsistent with America’s strong foreign policy interests in combatting corruption around the world, specifically including U.S. efforts to counter corruption and promote stability in the Democratic Republic of the Congo (DRC). As the original designation of Mr. Gertler under the Global Magnitsky sanctions program in 2017 and subsequent designations in 2018 made clear, Mr. Gertler engaged in extensive public corruption. Under our Privileged Partnership for Peace and Prosperity, the United States stands firmly with our partners in the DRC to counter malign behaviour that undermines the country’s institutions and economic opportunities”.

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