Middle East Eye: Trump administration eased sanctions against Israeli billionaire during final days

Days before the Trump administration left office, the US Treasury Department quietly eased sanctions against an Israeli billionaire who had been designated for taking part in alleged corrupt mining practices in the Democratic Republic of Congo (DRC).

The US Treasury informed mining tycoon Dan Gertler on 15 January, who is based in Israel, that it would be easing sanctions levied against him in 2017.

According to a private letter sent to Gertler’s lawyers – which was obtained by various news outlets – sanctions that had stopped the billionaire from conducting business in US dollars and had seen his US assets frozen were now suspended for a one-year period..

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