Democratic Republic of Congo on Thursday published a dispute settlement deal agreed in February with Dan Gertler, an Israeli businessman under US sanctions, showing the central African country agreed to pay his company $250 million.
Gertler, originally a diamond trader, amassed his fortune mostly by buying mining assets from the DRC at greatly discounted prices, and selling them at great profit.
Congo’s presidency in February announced an out-of-court agreement with Gertler’s Ventora Development to end a dispute over valuable mining and oil contracts. Under the deal, Ventora agreed to give control of the assets back to the state.The US Treasury imposed sanctions on Gertler and more than 30 of his businesses in December 2017 and June 2018, accusing him of leveraging his friendship with former Congo President Joseph Kabila to secure lucrative mining deals.
Gertler has denied any wrongdoing. A spokesperson for Gertler did not immediately reply to a request for comment on the deal. The agreement, copies of which were handed out to reporters at a press conference in Kinshasa, shows Congo agreed to pay Ventora 240.7 million euros to settle “debts owed to Ventora.” Ventora agreed to pay 57 million euros to Congo’s state mining company Gecamines to settle royalties owed to it.
“Dan Gertler has agreed to return the assets, he has also agreed to end his activities in the Democratic Republic of Congo, we think there is no better positive outcome,” Congo Finance Minister Nicolas Kazadi told reporters.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Israeli forces kill 2 militants in West Bank arrest raidJERUSALEM (AP) — Israeli forces killed two Palestinian militants during an arrest raid Thursday in the occupied West Bank, according to the military and the Islamic Jihad militant group, the latest bloodshed in months of violence between the sides.
Consulte Mais informação »
Palestinians killed by Israeli forces during Jenin camp raidIsraeli forces stormed the camp of Jenin and surrounded a house, which led to clashes with the Palestinians, local residents say.
Consulte Mais informação »
Israeli filmmaker's remarks on India 'propaganda' movie ignites controversyJury chairperson Nadav Lapid describes 'The Kashmir Files' as 'vulgar' and 'propaganda' at an international film festival in India, drawing ire from far-right Indians and Israelis, including Israeli envoy to New Delhi.
Consulte Mais informação »
Palestine's death toll rises as Israeli troops kill in 'cold blood'Israeli troops kill five Palestinians in occupied West Bank, including two brothers, taking Palestine's death toll this year to 205, according to officials
Consulte Mais informação »
Israeli army kills Palestinian in West Bank, 6th casualty in two daysTension has been running high across the occupied West Bank amid repeated Israeli raids that have led to clashes with angry Palestinians trying to protect their homes from demolition.
Consulte Mais informação »
An Israeli director sparks outrage in India over a film about Hindu persecutionControversy has surrounded one of India’s top film festivals after the screening of a movie with Hindu nationalist themes. “It felt to us like a propaganda vulgar movie,” the festival’s head juror said.
Consulte Mais informação »