US sanctions Rwandan-linked firms over conflict minerals funding M23 in eastern DR Congo
The United States has imposed sanctions on Rwandan businessmen and companies it says are helping finance the M23 rebellion in eastern Democratic Republic of the Congo through the illicit trade in conflict minerals. The measures were announced as part of a wider effort to disrupt smuggling networks moving minerals out of the DRC and into regional and international markets. The Treasury Department said the action is intended to cut off funding that supports the armed group's operations in the east of the country.The sanctioned individuals are Jean Malic Kalima, identified as chairman of Gasabo Gold Refinery, and Bosco Kayobotsi, the... [Continue Reading]
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