Guinea: Mining Tycoon Steinmetz On Trial Over Guinea Bribes

Mining tycoon Beny Steinmetz has appeared in a Geneva court where he is facing trial for allegedly paying bribes to win lucrative mining rights in Guinea.

Swiss prosecutors accuse Israeli-French mining magnate Beny Steinmetz and two others of having paid $10 million in bribes to obtain permits for lucrative iron-ore deposits in Guinea.

The three are also accused of forging documents to cover up the bribery.

Appearing in court in Geneva earlier this week, 64-year-old Steinmetz denied any role in…

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