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Israeli businessman Beny Steinmetz is found guilty of corruption in Switzerland, sentenced to five years in prison and fined $ 56 million
- Beny Steinmetz, a diamond and minerals tycoon, has been found guilty of corruption
- The 64-year-old was accused of paying $ 10 million in bribes to officials in Guinea
- In return, his company received exploration rites for an area that is believed to have the largest undeveloped iron ore deposits in the world
- Steinmetz was sentenced to five years in prison and fined $ 56 million
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