Posts

Dan Gertler Is There A Future In Congo?

“Nothing happens in Congo without Dan Gertler and Gertler can do nothing without playing the Israeli card,” said an advisor to an international mining conglomerate. Read more

Glencore Studying Raising Stake in Congo Mine With Dan Gertler

GLENCORE was “considering its strategic options” in respect of its $1.8bn Mutanda Mining Company, a producer of copper and cobalt that mines in the Katanga province of the Democratic Republic of Congo (DRC). Read more

U.S. and Europe Urged To Investigate Money Laundering Scheme In Congo

Government officials in the United States and Europe are being urged to take action against a suspected money laundering scheme in the Democratic Republic of Congo (DRC). Read more

DRC: Israeli Billionaire Dan Gertler Probed By UK Serious Fraud

The U.K. Serious Fraud Office is investigating Israeli billionaire Dan Gertler and four former Eurasian Natural Resources Corp. executives as part of its three-year probe into the Kazakh company’s acquisition of copper and cobalt mining projects in the Democratic Republic of Congo. Read more

Congo Voters Must Stop The Raiding of Their Royalties

Johannesburg A bombshell landed on my desk this week Global Witness released its latest report exposing the fact that President Joseph Kabila of the Democratic Republic of Congo sold mining royalties from his country’s most profitable mining project last year to his close friend. Read more

Och-Ziff Capital Management Group, Paid $412M To Settle Criminal, Civil Bribery Charges

Och-Ziff Capital Management Group, the New York-based hedge fund that is buying 14 ski resort properties across the country, including Loon Mountain and Mt. Sunapee, earlier this year agreed to pay $412 million in criminal and civil penalties to settle charges related to offering bribes in several African nations, with some money allegedly going to the son of Col. Muammar el-Qaddafi, the late Libyan dictator. Read more

Joseph Kabila’s Friend With Benefits

Let’s be honest: being president, of anywhere, doesn’t look like much fun. The pressure is intense, the workload relentless. Read more

Congo State Miner Handed Royalties To Israeli Billionaire Dan Gertler

The Democratic Republic of Congo’s state mining firm has signed away royalties from one of the country’s most lucrative mining projects to a company owned by a close friend of President Joseph Kabila, Global Witness said on Tuesday, allegations that were swiftly denied. Read more

A Criminal State: Understanding and Countering Institutionalized Corruption and Violence in Congo

The Democratic Republic of Congo is not a failed state—for everyone. It is a failure for the vast majority of Congolese who suffer from abysmal security, health care, and education services. Read more

Congo Backs Billionaire Dan Gertler After Och-Ziff Allegations

KINSHASA – The Democratic Republic of Congo (DRC) defended Israeli-billionaire Dan Gertler’s business dealings in the mineral-rich country, five days after he was linked to a bribery investigation by US authorities. Read more