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Verdict for tycoon in historic mine corruption trial


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Verdict for tycoon in historic mine corruption trial
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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 control of the country s iron ore deposits. He denies the charges. ....

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