Congo Seals Deal With Israeli Billionaire to Recover Assets
- Businessman’s company will hand back oil and mining permits
- Gertler, under U.S. sanctions, denies corruption allegations
This article is for subscribers only.
A company controlled by sanctioned Israeli billionaire Dan Gertler will return mining and oil assets to the Democratic Republic of Congo, the government said.
The deal “puts an end to the legal disputes” between Congo’s government and Gertler’s Ventora Group, the presidency said on its Twitter page Friday after Justice Minister Rose Mutombo and the businessman signed an agreement in the capital, Kinshasa. It didn’t specify which mining and oil permits will be restored to the state.