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Glencore must not pay millions to sanctioned individual

Glencore today announced it will resume paying royalties to notorious Israeli businessman Dan Gertler, despite the US Treasury designating him a sanctioned individual at the end of 2017. Unless the US responds by enforcing its sanctions, Glencore’s decision will show that big business can ignore even a US executive order and suffer no consequences. The sanctions, imposed in response to Gertler’s “corrupt mining and oil deals”, prohibit US companies or individuals from doing business with him or companies majority owned by him. Gertler, a close friend of Democratic Republic of Congo’s President Joseph Kabila, owns the rights to contractual payments from two Glencore-owned mines in Congo.

— source globalwitness.org

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