Despite sanctions, millions flowed into DRC bank accounts linked to Israeli tycoon
Play audio 1XChange playback rate from 1 to 1 Mute audio American law forbids banking institutions from providing service in American currency to people on the sanctions list. In effect, the U.S. authorities have found ways of imposing the rules on companies and banks that are not incorporated in the United States – as long as an American entity is also involved in the process of receiving the money. According to the legal precedent on the matter, it’s enough for the foreign bank to use a U.S. information system for the sanctions to apply to it. Gertler claims in response to this report t...
Source: haaretz.com