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.
“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.
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).
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.
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.
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…
Let’s be honest: being president, of anywhere, doesn’t look like much fun. The pressure is intense, the workload relentless.
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.
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.
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.
Och-Ziff Capital Management Group LLC will pay $412 million and CEO Daniel Och will pay $2.17 million to resolve U.S. probes into the hedge fund’s role in bribing officials in several African countries, U.S. authorities said on Thursday.