• Rajasthan

    Cong 99
    BJP 73
    RLM 3
    OTH 24
  • Madhya Pradesh

    Cong 112
    BJP 108
    BSP 2
    OTH 5
  • Chhattisgarh

    Cong 67
    BJP 15
    JCC 7
    OTH 0
  • Telangana

    TRS-AIMIM 95
    TDP-Cong 21
    BJP 1
    OTH 2
  • Mizoram

    MNF 26
    Cong 5
    BJP 1
    OTH 8

* Total Tally Reflects Leads + Wins

US imposes sanctions on 14 entities connected with Israeli billionaire

By: | Published: June 16, 2018 4:14 AM

The US Treasury has announced that it has imposed sanctions on 14 entities for their connections with an already designated Israeli billionaire.

us, us flag, israelThe sanctions would freeze assets of blacklisted entities under US jurisdiction. (Reuters)

The US Treasury has announced that it has imposed sanctions on 14 entities for their connections with an already designated Israeli billionaire, accusing them of human rights abuse and corruption.

The punished 14 companies were affiliated with Dan Gertler, an Israeli businessman whom the Treasury claimed had amassed his fortune through “opaque and corrupt mining and oil deals in the Democratic Republic of the Congo (DRC)”, Xinhua reported.

“Treasury is sanctioning companies that have enabled Dan Gertler to access the international financial system and profit from corruption and misconduct,” Under Secretary of the Treasury for Terrorism and Financial Intelligence Sigal Mandelker said in a statement on Friday.

The sanctions would freeze assets of blacklisted entities under US jurisdiction and ban any US individuals or companies from making business deals with them.

Gertler himself was blacklisted by the US Treasury last December.

The Treasury also said on Friday that the entities were punished under the Global Magnitsky Act, under which 73 individuals and entities have had their assets blocked so far.

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