The Sentry is an investigative and policy organization that seeks to disable multinational predatory networks that benefit from violent conflict, repression, and kleptocracy.
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03.04.21
Middle East Eye: Biden urged to reinstate sanctions on Israeli mining tycoon
The decision to close the Kingamyambo Musonoi Tailings (KMT) Mine in the south of the Democratic Republic of the Congo surprised its 700 employees, who had laid down their tools and left tasks half finished when the gates shut more than 10 years ago.
The Congolese government stripped ownership of the mine from the Canadian company Quantum Minerals, and a few months later sold it to Israeli businessman Dan Gertler for $60 million.
Gertler, in turn, flipped the mine for a profit of hundreds of millions of dollars, while workers awaited severance pay in a region where most people live on less than $1.90 a day…
