Israeli businessman Dan Gertler
Washington … News Time
Former US President Donald Trump lifted sanctions on a billionaire Israeli businessman at the end of his presidency. The sanctions were imposed on the Israeli in 2017 by the US State Department. The billionaire Israeli citizen whose name was eventually lifted by the US government is Dan Gertler. It has invested heavily in mining. He was banned by the US State Department on the basis of corrupt mining contracts. Billionaire Dan Gertler has invested heavily in diamond and copper mining. He is also the founder and head of an international business organization founded under his own name. His business interests in the Republic of Congo are also being discussed. He was deeply interested in the mineral wealth of the Congo, due to his friendship and business dealings with former President Joseph Kabila. His business includes mining as well as agriculture and the banking sector. His business activities are also monitored by the International Monetary Fund. The African country of the Republic of Congo has the largest reserves of cobalt in the world. The country also has vast reserves of copper, diamonds, gold, tin and cobalt. He had a business deal with former Congolese President Joseph Kabila to dispose of the metals. As a result of such alleged ties, the International Monetary Fund suspended a 500 million special aid loan to the Congo in 2012. Dan Gertler acquired his invaluable wealth by plundering the country’s mineral resources. The US State Department imposed sanctions on Dan Gertler in December 2017 for causing billions of dollars in damage to the Congolese treasury. Under the restrictions, Gertler was barred from doing business or banking with any American citizen.
