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BBC News By Imogen Foulkes image copyrightCopyright © 2016 Rio Tinto image captionThe Simandou mines are thought to have some of the most valuable untapped iron ore deposits in the world Israeli businessman Beny Steinmetz has been given a five-year jail sentence by a court in Geneva, in a trial described as the mining sector's biggest-ever corruption case. The trial threw a spotlight on an often murky struggle for control of Africa's natural resources. Steinmetz, a former diamond magnate who also holds French citizenship, was convicted of bribing public officials in Guinea, in order to gain ...

news Verdict for tycoon in historic mine corruption trial © Copyright © 2016 Rio Tinto The Simandou mines are thought to have some of the most valuable untapped iron ore deposits in the world Israeli businessman Beny Steinmetz has spent two weeks on trial in Geneva, in a case being described as the mining sector's biggest-ever corruption case, and one that shines a spotlight on an often murky struggle for control of Africa's natural resources. Mr Steinmetz, a former diamond magnate who also holds French citizenship, is accused of bribing public officials in Guinea, in order to gain contro...

Kayode OyeroThe curtain falls on the Donald Trump presidency on Wednesday but the 45th President of the United States would be remembered for a...

Views: Visits 20 Today, a historic trial is starting in Calvin’s city. Israeli billionaire Beny Steinmetz faces charges of “corruption of foreign public officials” and “document forgery” with two business partners. He is alleged to have arranged the transfer of at least USD 8.5 million from 2006 to 2012 to get his hands on the Simandou iron-ore deposit in the Republic of Guinea. Switzerland must take preventive action so that it will no longer be complicit in predatory practices that deprive the populations of resource-rich countries of essential revenues. Mining magnate Be...

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