Steinmetz and European, US advisers on trial for mining 'corruption pact' in West Africa
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 opens today. Prosecutors in Geneva allege that Israeli billionaire Beny Steinmetz forged documents and m...
Source: icij.org