, Prosecuting Beny Steinmetz, formerly one of the biggest mining magnates in Africa, has become a test case for Switzerland s efforts to tackle cases of foreign corruption. But it could be several months before the Swiss courts announce a final verdict in the prosecution case against Steinmetz and his associates Frédéric Cilins and Sandra Merloni-Horemans on charges of bribery in securing mining rights in Guinea.
La justice genevoise livre un verdict historique contre la corruption swissinfo.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swissinfo.ch Daily Mail and Mail on Sunday newspapers.
How a mining corruption trial could be a turning point for dodgy offshore companies
A Geneva court handed Franco-Israeli billionaire Beny Steinmetz a five-year sentence and a CHF50 million (almost $56.5 million) fine over suspected corrupt business practices in Guinea. Stefan Wermuth/AFP
More than seven years after his former Geneva home was searched, Franco-Israeli businessman Beny Steinmetz was sentenced last Friday to a five-year prison term on charges of corruption and document forgery in a landmark case that will resonate far beyond Geneva’s Palais de Justice.
This content was published on January 26, 2021 - 09:00
January 26, 2021 - 09:00
Paula Dupraz-Dobias in Geneva