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Beny Steinmetz Pressed on Guinea Deals on Second Day of Bribery Trial - Vimarsana News

Beny Steinmetz Pressed on Guinea Deals on Second Day of Bribery Trial

Beny Steinmetz Pressed on Guinea Deals on Second Day of Bribery Trial Bloomberg 1/12/2021 Hugo Miller and Thomas Biesheuvel (Bloomberg) -- Israeli tycoon Beny Steinmetz defended his investment in an African iron-ore mine, telling a Geneva court that the $5 billion valuation of a site that he secured for less than $200 million was part of the industry’s reward for risk-taking. Steinmetz is testifying during the second day of his trial on charges of bribery in Geneva. He dismissed questions from presiding judge Alexandra Banna about transactions that allowed him to take cont...

Source: msn.com
Beny Steinmetz grilled on Guinea deals during bribery trial in Geneva - Vimarsana News

Beny Steinmetz grilled on Guinea deals during bribery trial in Geneva

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 iron-ore mine, telling a Geneva court that the $5bn valuation of a site that he secured for less than ...