Sanctions Are Reimposed on Israeli Billionaire Granted Relief Under Trump

The Biden administration moved on Monday to reimpose financial sanctions on an Israeli mining executive who had turned to a team of lobbyists to have the measures eased during President Donald J. Trump’s final days in office, the New York Times reported. The reversal came after a chorus of complaints from human rights advocates, members of Congress and activists in the Democratic Republic of Congo, where the businessman, Dan Gertler, secured access to mining rights for decades through what the Treasury Department during the Trump administration called a series of corrupt deals that had shortchanged Congo of more than $1.3 billion in revenue from the sale of minerals. In mid-January, shortly before Mr. Trump left office, Mr. Gertler secretly secured a one-year Treasury Department license that unfroze money he had deposited in financial institutions in the United States. The license also effectively ended a prohibition on Mr. Gertler doing business through the international banking system. The Trump administration had imposed those sanctions in 2017. The Biden administration is now moving to reimpose those conditions, although Mr. Gertler is likely to have already moved at least some of the previously frozen money out of the United States. The State Department said on Monday that Mr. Gertler had “engaged in extensive public corruption” and that the Treasury Department in consultation with the State Department was reversing its action. Read more.