Region: Guinea

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

BSG Resources enters administration

07 March 2018

SFO opens investigation into Rio Tinto conduct in the Republic of Guinea

Eight months after Rio Tinto notified US, UK and Australian authorities of emails from 2011 referring to a multimillion-dollar consultancy fee, the SFO has opened an investigation into allegations of corruption by the company, its employees and others.

24 July 2017

Rio Tinto chairman clarifies self-report to shareholders

13 April 2017

Rio Tinto appoints new head of legal following consultant payment investigation

03 March 2017

Steinmetz adds former Israeli AG to defence team

26 January 2017

Challenge fails and witnesses arrested in Guinea bribery case

A group of mining companies linked to Israeli billionaire Beny Steinmetz has failed to unseat all three members of an ICSID tribunal hearing its US$5 billion claim against Guinea over mining rights – while a multi-jurisdictional criminal investigation has led to the arrest of Steinmetz and others who have appeared as witnesses in the case. By Tom Jones

06 January 2017

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