US Treasury Imposes Sanctions after Congo Copper Sector Review
At the beginning of November, The Carter Center published the first part of “A State Affair: Privatizing Congo’s Copper Sector”, a comprehensive report on the contractual and financial practices of the Democratic Republic of Congo’s state-owned mining company, Gécamines, and its most important investment partners.
In the latest Magnitsky Executive Order issued 20th December 2017 one of the key personalities in the industry and a primary focus of the report, Dan Gertler and his Fleurette group of companies, have been sanctioned (click here for more information). The Financial Times wrote a follow up article on the story which can be viewed here.
ISLP volunteer Marietta Cauchi worked on the pre-publication review and is continuing to work on case studies for the report.
With characteristic humility she said “This is an excellent result for The Carter Centre” but we would like to thank her for her contribution and ongoing efforts- thank you and well done Marietta!