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RTL Today - Beny Steinmetz: Israeli magnate set for corruption trial in Geneva

RTL Today - Beny Steinmetz: Israeli magnate set for corruption trial in Geneva
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Israeli Magnate Set For Corruption Trial In Geneva

Steinmetz s Bribery Trial Starts New Chapter of Mining Saga

Steinmetz’s Bribery Trial Starts New Chapter of Mining Saga Bloomberg 1/8/2021 Hugo Miller and Thomas Biesheuvel (Bloomberg) Beny Steinmetz goes on trial facing bribery charges in Geneva on Monday in the latest chapter of a legal saga that’s dogged the Israeli businessman’s gamble on a multi-billion-dollar mine. Popular Searches Steinmetz and two businesspeople are accused of paying the wife of Guinea’s deceased former president Lansana Conte $8.5 million to secure the concession rights to a vast mountain of iron ore in the country’s south. The trio are also accused of forgery for allegedly creating share structures to hide the bribes. The trial is taking place in Geneva as Steinmetz lived there until 2016 and had businesses there.

Beny Steinmetz s bribery trial to begin on Monday

Beny Steinmetz’s bribery trial to begin Monday Israeli billionaire Beny Steinmetz has been at the centre of an international investigation into alleged bribery to win mining rights in Guinea. (Image from Beny Steinmetz’s website) Billionaire Israeli businessman Beny Steinmetz goes on trial facing bribery charges in Geneva on Monday. The owner of BSG Resources and two others are accused of paying the wife of Guinea’s deceased former president Lansana Conte $8.5 million to secure the concession rights to the vast Simandou iron ore project. “It’s a big deal as one of the very few big corruption cases that has gone all the way to court in Switzerland and one of the first times a criminal court will rule on Steinmetz as an individual,” David Muehlemann, a policy analyst at Swiss corporate governance watchdog Public Eye told Bloomberg.

Steinmetz s Bribery Trial Starts a Fresh Chapter of Mining Saga

Steinmetz’s Bribery Trial Starts New Chapter of Mining Saga By January 8, 2021 (Bloomberg) Beny Steinmetz goes on trial facing bribery charges in Geneva on Monday in the latest chapter of a legal saga that’s dogged the Israeli businessman’s gamble on a multi-billion-dollar mine. Steinmetz and two businesspeople are accused of paying the wife of Guinea’s deceased former president Lansana Conte $8.5 million to secure the concession rights to a vast mountain of iron ore in the country’s south. The trio are also accused of forgery for allegedly creating share structures to hide the bribes. The trial is taking place in Geneva as Steinmetz lived there until 2016 and had businesses there.

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