Dan Gertler – Financial Benefits and Human Rights Abuses – Great… Congo?

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US targets Israeli businessman Dan Gertler with fresh sanctions

The US has slapped further penalties on Dan Gertler, an Israeli businessman who has invested in the Democratic Republic of Congo. The US Treasury Department said Friday it had placed 14 companies with ties to Mr Gertler on a sanctions list, which targets serious human rights abuse and corruption “Treasury is sanctioning companies that have enabled Dan Gertler to access the international financial system and profit from corruption and misconduct. We are using our tools to change the behaviour of those engaged in the looting of natural resources and the humanitarian consequences that follow,” said Sigal Mandelker, under secretary of the Treasury for terrorism and financial intelligence. “A financial toll will be imposed on individuals and companies that exploit innocent people and vulnerable jurisdictions for their own personal gain.”

 

To read the remainder of the article click here: https://www.ft.com/content/b650e53a-70c4-11e8-852d-d8b934ff5ffa

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