News / / 03.08.21

Bloomberg: Israeli Billionaire Loses Trump-Granted Sanction Reprieve

The U.S. will end a temporary sanctions reprieve for Israeli billionaire Dan Gertler, according to the State Department, reversing a decision granted in the Trump administration’s final days.

The U.S. sanctioned Gertler and his companies in 2017 for allegedly corrupt mining and oil deals in the Democratic Republic of Congo. The Treasury Department under President Donald Trump quietly issued a special license in January that exempted Gertler’s business activities from the sanctions until Jan. 31, 2022…

Click here to read the full article.