Mr. Steinmetz, a French-Israeli businessman, was convicted on charges of corrupting foreign public officials in a bid to reap iron ore resources in Guinea. He was sentenced to five years in prison.
Tag: Steinmetz, Beny
Corruption Trial of French-Israeli Tycoon Begins in Switzerland
Swiss prosecutors have accused the billionaire Beny Steinmetz of securing lucrative mining deals in the West African country of Guinea with bribes. Mr. Steinmetz has denied the charges.