billionaire Beny Steinmetz

One of the most high-profile cases involving alleged wrongdoing by Israelis in Africa is the case of Beny Steinmetz, who was initially arrested in 2016 on suspicion of paying tens of millions of dollars in bribes to senior officials in Guinea. The police allege that Steinmetz made huge sums — $5 billion as a ...

But that's been changing; note the charges against mining magnate Beny Steinmetz regarding alleged graft in Guinea. “This is a case of 'the bastards changed the rules,'” says an executive in infrastructure who knows S&B. “Once, bribery was the standard, the norm. But now these countries want to be part ...

Mining company BSG Resources, the mining arm of Israeli billionaire Beny Steinmetz's business empire, on Wednesday said it had voluntarily entered into administration in a move that it took to protect itself as it faces legal action. BSG Resources is caught up in legal disputes in relation to the vast ...

BSGR, the mining arm of billionaire Beny Steinmetz's businesses, is caught up in a row linked to Guinea's vast Simandou iron ore reserves. BSGR and Steinmetz deny any wrongdoing in the dispute. BSGR is also suing financier George Soros for $10 billion in damages over lost contracts. Soros has sought ...

LONDON – Mining company BSG Resources (BSGR) on Wednesday said it had voluntarily entered into administration, adding it had taken the decision to protect itself as it faces legal action. BSGR, the mining arm of billionaire Beny Steinmetz's businesses, is caught up in legal disputes in relation to the ...

A mining company controlled by Beny Steinmetz, the Israeli diamond tycoon, was placed in administration yesterday amid an escalating legal dispute over allegations that it engaged in bribery linked with a mining project in west Africa. BSG Resources Ltd, a Guernsey-based holding company of Mr ...

Questionable investors: One major and, until last year, secret investor in Kushner Companies projects is Raz Steinmetz, the nephew of controversial Israeli diamond mogul Beny Steinmetz, the Times's Jesse Drucker revealed. Beny is under law enforcement scrutiny in at least four countries, including the ...

An Israeli court on Wednesday ruled that billionaire businessman Beny Steinmetz will be allowed to leave the country, subject to stiff conditions, despite an investigation into possible bribery and corruption in Africa linked to his mining company, BSG Resources. Steinmetzs travel has been restricted since ...

The billionaire Beny Steinmetz was detained by the Israeli police on Monday morning for questioning in connection with an investigation into money laundering, obstruction of justice and bribery, officials said. Mr. Steinmetz, an Israeli diamonds, mining and real estate magnate, is already under scrutiny by ...

The Tonguma licence is owned by Octea, a company that is in turn owned by BSG Resources, the controversial mining group controlled by Israeli magnate Beny Steinmetz. BSGR went into administration last week, but Octea's operations are unaffected. Mr Steinmetz is under investigation by authorities in ...