Israeli diamond tycoon loses appeal in Swiss graft case
Beny Steinmetz says he'll turn to Switzerland's highest court after most of the charges against him are upheld
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Beny Steinmetz says he'll turn to Switzerland's highest court after most of the charges against him are upheld
Dropping earlier arguments that the evidence of corruption was fake, the mining magnate is appealing against his conviction by redefining bribery, Punishing foreign bribery is still a novel idea in Switzerland. There have been just 18 convictions since it became a crime in 2000, before which it was tax-deductible. And the prosecution of Israeli mining magnate Beny Steinmetz is turning out to be a landmark test of Switzerland's judicial system as much for the legal technicalities and the noises off as for the substance.
In closing statement at appeal hearing, defense lawyers for Beny Steinmetz claim accusations against their client in Guinea bribery case are 'very weak'
Appealing conviction in massive bribery case, Beny Steinmetz says his company had become victim to a local power struggle in Guinea