DRC: US sanctions Congolese actor linked to Dan Gertler

By Julian Pecquet
Posted on Tuesday, 7 December 2021 01:10, updated on Wednesday, 8 December 2021 15:30

Israeli billionaire Dan Gertler, left, tours the Katanga Mining Ltd copper and cobalt complex with Shimon Cohen, his communications advisor. In Kolwezi on 1 August 2012. Simon Dawson/Bloomberg via Getty Images

The Joe Biden administration announced new sanctions against Congolese actors close to Israeli mining magnate Dan Gertler on Monday, in the lead-up to this week’s Summit for Democracy.

The Treasury Department has sanctioned businessman Alain Mukonda and 12 entities associated with him for allegedly helping Gertler circumvent sanctions against him. The Donald Trump administration first sanctioned the Israeli billionaire in December 2017 for allegedly striking corrupt deals with then-President Joseph Kabila to exploit the country’s rich deposits of copper, diamonds and other resources.

According to the Treasury Department, Mukonda made 16 cash deposits totalling between $11m and $13.5m into accounts of companies he incorporated that ultimately belong to Gertler’s family.