Beny Steinmetz

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...

A Geneva court sentenced mining magnate Beny Steinmetz to five years in prison on 22 January for bribery and money-laundering...

Her influence ensured the blocks were stripped from mining giant Rio Tinto in December 2008 and handed to Beny Steinmetz Group Resources (BSGR)...

On Friday 22 January mining magnate Beny Steinmetz and two of his colleagues learn the decision of Geneva's Correctional Tribunal on whether or not they bribed the wife of Guinea's president to get their hands on the Simandou iron ore 13 years ago...

Our revelations show how top officials in Beny Steinmetz's corporate network the BSGR group and their long-standing middlemen are tied by emails and testimony to the alleged money-laundering...

Despite the give-away name of Beny Steinmetz Group Resources (BSGR) Steinmetz says he is no more than an adviser and roving ambassador for the company and knew nothing about the details including which fixers were being employed and for what...

The money-laundering allegations against Steinmetz As prosecutors in Geneva seek to jail Beny Steinmetz for directing a friend to launder bribe money Africa Confidential takes an exclusive look at the allegations...

As well as facing bribery charges at his Geneva trial mining magnate Beny Steinmetz also stands accused of money-laundering...

The handwritten document is signed by Kerzner and another individual identified by Kerzner as David Barnett a legal counsel to the Beny Steinmetz group of companies...

' 'Beny Steinmetz brought me a document in English and said: that's the response that you'll have to give to the bank...

' Despite these explanations being fictitious the responses of Kerzner's accountant to the bank were 'inspired by what Beny Steinmetz asked me to say'...

The Geneva court is due to give its verdict on the charges against Beny Steinmetz and his business associates on 22 January...

Condé's fight with mining billionaire Beny Steinmetz over Simandou considered to be the world's largest undeveloped iron ore deposit was a cause célèbre for the President for most of his first two terms in office...

President Alpha Condé has held up his end of a secret bargain with Israeli mining billionaire Beny Steinmetz now that Conakry's prosecutors have dropped all bribery charges against officials and members of the entourage of Condé's late predecessor Lansana Conté...

But in February 2019 Condé secretly agreed to drop all accusations against Steinmetz and abandon arbitration between Guinea and Steinmetz's company Beny Steinmetz Group Resources (BSGR) as first reported by Africa Confidential (AC Vol 60 No 5 A surprise reunion)...

It was previously held by the Brazilian mining giant Vale and the Israeli billionaire diamond magnate Beny Steinmetz's mining company BSGR...

Conakry also played host to a series of more democratically inclined old friends including Tony Blair and two former French presidents: François Hollande and Nicolas Sarkozy who had reportedly brokered the truce between Condé's government and the Israel-based minerals magnate Beny Steinmetz after a protracted battle over the unexplored iron ore reserves in Guinea's remote southeast (AC Vol 60 No 5 A surprise reunion)...

Israeli mining magnate Beny Steinmetz has made a surprise re-entry into Guinea after reaching an apparently amicable settlement in his lengthy dispute with the Guinean government over allegations of graft relating to the world's largest untapped iron ore resource Simandou...

At the end of February Steinmetz's mining arm Beny Steinmetz Group Resources-Guinea (BSGR) and the government jointly announced that Guinea would drop an international arbitration case against the company...

Gertler who is being represented by Marc Bonnant the Swiss lawyer who represented Israeli diamond billionaire Beny Steinmetz over corruption charges levelled against him in Guinea has repeatedly denied any wrongdoing (AC Vol 58 No 5 An awkward tango for Gertler and Glencore)...

The diamond billionaire Beny Steinmetz is accused of paying bribes for mining licences and fraud in Guinea but no connection to Thiam has so far been mentioned...

The revelations have raised questions as to whether the connections between Kushner and the Steinmetz family could have an impact on US Department of Justice investigations into Beny Steinmetz...