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Vol 62 No 3

Published 4th February 2021


Guinea

Steinmetz's empire unravels

The mining magnate is appealing his bribery conviction while a law suit in Paris could put his entire fortune in peril

The five-year jail sentence handed down to Beny Steinmetz by Geneva's Tribunal Correctionnel on 22 January will embolden former partners pursuing his sprawling business empire for over US$2 billion, and risks reopening a legal case that could cost him hundreds of millions more.

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