Page 65 - Simandou News Today

Diamond magnate accused of telling tales at graft trial

Beny Steinmetz grilled on Guinea deals during bribery trial in Geneva Billionaire French-Israeli magnate appears for a second day in court over alleged corruption linked to mining deal in Guinea 12 January 2021 - 20:08 Hugo Miller and Thomas Biesheuvel Billionaire Beny Steinmetz arrives at Geneva criminal court in Geneva, Switzerland, January 11 2020. Picture: STEFAN WERMUTH/BLOOMBERG Geneva — French-Israeli tycoon Beny Steinmetz defended his investment in an African ir...

China’s attempt to punish Australia over a range of disputes, including the origin of the Covid-19 pandemic, continue to produce contradictory results and have the potential to keep key commodity prices higher for longer. A ban on Australian thermal coal used to generate electricity has seen ships with cargoes of Australian coal left at anchor ...

Israeli magnate faces corruption charges in Geneva over Guinea deals AFP 1/11/2021 AFP © JACK GUEZ French-Israeli diamond magnate Beny Steinmetz is accused of paying millions of dollars in bribes to Guinean officials in exchange for lucrative rights to mine iron ore After a drawn-out international investigation, French-Israeli diamond magnate Beny Steinmetz goes on trial in Geneva Monday over allegations of corruption linked to mining deals in Guinea. The trial, due to open...

Corruption trial of Israeli magnate opens in Switzerland

China's stimulus-driven economic recovery proved to be a boon for iron ore prices last year, but demand will likely soften once those measures wind down.

January 11, 2021 Update, Jan. 22: Beny Steinmetz and two colleagues were convicted in Geneva on charges related to a bribery scheme. Steinmetz, sentenced to five years in jail and ordered to pay 50m Swiss francs ($56.5 million), said he will appeal the guilty verdict.  Lawyers, bankers and professional advisers in Europe and the United States enabled corruption in one of the world’s poorest countries, Swiss officials allege in a highly-anticipated criminal case that open...

The trial of a French-Israeli diamond magnate has begun in Geneva following an international investigation lasting more than six years.

Franco-Israeli diamond magnate Beny Steinmetz is on trial in Geneva for corrupting public officials and forging documents

Blue and White chief says PM 'deceived me, deceived you'; urges politicians to let go of ego and grievances and 'unite for the good of the country'