Region: Guinea

Brazilian miner’s bribery case against Steinmetz collapses

Steinmetz’s lawyer questioned Vale’s motive for suddenly ending the lawsuit after apparently realising its fraud claim had run out of time.

15 February 2022

Clifford Chance lawyer defends due diligence on Steinmetz deal

A US-based Clifford Chance partner said his firm relied on “substantial” on-the-ground research when it advised a client on whether a mining deal could be tainted by corruption.

08 February 2022

Steinmetz: Vale “turned a blind eye” to corruption suspicions

Israeli businessman Beny Steinmetz has told a London court that Brazilian miner Vale is not an innocent victim in their bitter legal dispute over a joint project in Guinea that collapsed amid allegations of bribery.

01 February 2022

Steinmetz “at the heart” of mining company accused of corruption

Brazilian mining company Vale has told a London court that controversial Israeli businessman Beny Steinmetz lied that his eponymous company did not pay bribes to secure lucrative mining licences in Guinea.

26 January 2022

Beny Steinmetz arrested in Greece

Greek authorities have arrested Israeli businessman Beny Steinmetz after he was convicted in Romania of bribing local officials.

10 December 2021

Vale accuses New York property company of trying to hide Steinmetz links

03 December 2021

Brazilian prosecutors open Vale investigation over Steinmetz allegations

29 March 2021

Steinmetz corruption conviction a “milestone” for Geneva prosecutors

The recent bribery conviction of mining magnate Beny Steinmetz is a great success for Geneva’s Public Prosecutor’s Office and shows that foreign corruption stemming from the canton will be met with harsh penalties, local lawyers say.

25 January 2021

Steinmetz bribery trial to begin in Switzerland

Israeli businessman Beny Steinmetz will face charges that he paid bribes to secure mining rights in Guinea’s Simandou region in the first international corruption case brought to trial by the Geneva public prosecutor’s office.

07 January 2021

BSGR settles with Guinea in mineral deposit dispute

25 February 2019

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