Beny Steinmetz’ BSGR bribed dictator’s wife to secure rights to run Guinean iron ore mine

Beny Steinmetz’ BSGR bribed dictator’s wife to secure rights to run Guinean iron ore mine

City A.M.

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Beny Steinmetz’ mining company, BSGR, paid millions in bribes to the wife of Guinea’s former dictator to secure the rights to operate an iron mine in the West African country, a US arbitration ruling has said. The diamond magnate’s firm used “corrupt practices” to obtain licenses to mine Guinea’s Simandou iron ore deposit, the International [...]

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