Page 66 - Simandou News Today

Beny Steinmetz arrives in Switzerland to face charges and up to 10 years in prison over alleged bribes to secure mining contract; lawyer: 'We will plead his innocence'

Billionaire Beny Steinmetz denies alleged corruption over a huge iron ore deal in Guinea.

Corruption Trial of French-Israeli Tycoon Begins in Switzerland Swiss prosecutors have accused the billionaire Beny Steinmetz of securing lucrative mining deals in the West African country of Guinea with bribes. Mr. Steinmetz has denied the charges. Beny Steinmetz, a French-Israeli diamond magnate, center, arriving to court in Geneva on Monday.Credit...Fabrice Coffrini/Agence France-Presse — Getty Images Jan. 11, 2021 A criminal court in Geneva on Monday began hearing charges of corruption an...

French-Israeli diamond magnate Beny Steinmetz went on trial in Geneva, Switzerland, yesterday over allegations of corruption linked to mining deals in Guinea, after a drawn-out international investigation. Steinmetz, who traveled from Israel to take part in the two-week trial, has denied wrongdoing in the case, which involves allegations of multimillion-dollar bribes paid to top Guinean officials to win lucrative mining rights. The 64-year-old businessman faces charges of corrupting public offic...

GENEVA: Israeli diamond and minerals magnate Beny Steinmetz went on trial in Switzerland on Monday on charges of corruption and forging documents in an alleged bid to win lavish iron ore mining concessions in Guinea by paying millions to a former wife of late President Lansana Conte. Steinmetz, 64, the only one of three defendants present Monday in the Geneva court, has denied

3 Min Read (Corrects consortium members in 2nd paragraph, adds that the consortium is developing Simandou through a new company, Winning Consortium Simandou) JOHANNESBURG, Oct 16 (Reuters) - China-backed consortium SMB-Winning aims to bring blocks 1 and 2 of Guinea’s massive Simandou iron ore deposit into production by 2025, Société Minière de Boké Chairman Fadi Wazni said on Friday, a tight timetable for a huge mine and infrastructure project. The consortium - which includes Singapore’...

Beny Steinmetz Lawyer Attacks Prosecutor Over ‘Secret’ Israel Trips Bloomberg 1/11/2021 Hugo Miller © Bloomberg Lawyer Marc Bonnant, left, and Beny Steinmetz arrive at Geneva criminal court on Jan. 11. (Bloomberg) -- Beny Steinmetz’s lawyer went on the offensive in the first day of the Israeli businessman’s trial for bribery, demanding evidence that a prosecutor gathered from “secret” trips to Israel be purged from the indictment. Marc Bonnant blasted Swiss pros...

Billionaire Beny Steinmetz denies alleged corruption over a huge iron ore deal in Guinea.

news Jackpot deal mining billionaire goes on trial © Getty Images Beny Steinmetz is said to be one of Israels richest men A billionaire diamond magnate is to go on trial in Switzerland over allegations of corruption linked to a major mining deal in Guinea. Beny Steinmetz, who has Israeli and French nationality, has always denied his company paid multi-million dollar bribes to obtain iron ore mining exploration permits in southern Guinea back in 2008. His lawyer says he will travel from Israe...

Israeli billionaire Beny Steinmetz went on trial in a Geneva court on Monday on corruption and forgery charges linked to mining concessions in the West African nation of Guinea.