Corruption scandal: Gertler, Glencore’s ‘Gupta’ in the Congo …

Bloomberg – A 20-year friendship that helped turn Dan Gertler into a billionaire has left the Israeli businessman with a lot fewer places to go.

The U.S. government accused Gertler of corrupt mining and oil deals in the Democratic Republic of Congo and said he acted as a middle-man to enrich his longtime buddy, President Joseph Kabila. The two have been close since Gertler arrived as a young diamond merchant during a civil war in 1997, and Congo — one of Africa’s poorest countries — is the main source of his wealth.

File Photo: Billionaire Dan Gertler poses for a photograph in his office at the Israel Diamond Exchange in Ramat Gan, Israel. Photographer: Simon Dawson/Bloomberg

“Most of my business is in the Congo and my faith is in the Congo,” Gertler, 44,

... read more at: https://www.biznews.com/global-citizen/2018/02/23/corruption-dan-gertler-glencore-drc/

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