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Swiss find the Israeli businessman Beny Steinmetz guilty of corruption

NEWSDOS by NEWSDOS
January 23, 2021
Reading Time: 3 mins read
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Swiss find the Israeli businessman Beny Steinmetz guilty of corruption

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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

From Reuters

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Released: 16:45 GMT, Jan 22, 2021 | Updated: 17:56 GMT January 22, 2021

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