Israeli mining magnate Dan Gertler used a global money laundering network to get around US sanctions and extract further mineral wealth from DR Congo, an investigation by two rights organisations found Thursday.
“Gertler appears to have used a money laundering network stretching from Democratic Republic of Congo to Europe and Israel to evade US sanctions against him, funnel millions of dollars abroad, and acquire new mining assets in DRC,” their report said. Just one day before the report was released, Afriland First Bank lodged a complaint against it with the public prosecutor’s office in Paris.
The report released Thursday said that among the transactions it probed, “at least $21 million was sent to unknown accounts held outside DRC and $25 million was sent to DRC’s controversial state-owned mining company Gecamines”.
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