French-Israeli diamond magnate to face trial in Geneva
13 Aug 2019

French-Israeli diamond magnate Beny Steinmetz will go on trial in Geneva over his alleged role in a corruption scandal involving mining deals in Guinea, Swiss prosecutors said Monday.

Geneva prosecutor Claudio Mascotto, in charge of an investigation that began in 2013, has opened a case against the businessman and two partners on charges of corrupting public officials and forging documents.

No date has been set for the start of their trial.

Swiss prosecutors accuse the defendants of making payments to a wife of former Guinean president Lansana Conte to win mining rights in the Simandou region of southeastern Guinea.

Steinmetz has previously dismissed allegations against him as baseless and an attempt by political enemies to smear him.

Prosecutors charge that about $10 million (nine million euros) was paid in bribes, in part through Swiss bank accounts, and say that Steinmetz obtained the mining rights just before Conte died in 2008.

Read more from AFP via Yahoo News

Photo (cropped): Tõnu Pani [CC BY 4.0], via Wikimedia Commons

Count this content towards your CPD minutes, by signing up to our CPD Wallet

FREE CPD Wallet

You must be logged in to post a comment.

This site uses Akismet to reduce spam. Learn how your comment data is processed.