In Summary
  • Beny Steinmetz and two assocaites allegedly paid $10 million (£8.2 million; Sh1.03 billion) to one of the wives of former Guinean President Lansana Conte.
  • Mr Steinmetz and his mining company Beny Steinmetz Group Resources (BSGR) have previously denied any wrongdoing.
  • In 2016, Mr Steinmetz was detained and questioned by the Israeli police over the mining deals. He denied any wrongdoing.

Israeli billionaire Beny Steinmetz and two associates are to stand trial for allegedly bribing Guinean officials to win mining licences, Swiss prosecutors say.

The trio allegedly paid $10 million (£8.2 million; Sh1.03 billion) to one of the wives of former Guinean President Lansana Conte.

Mr Steinmetz and his mining company Beny Steinmetz Group Resources (BSGR) have previously denied any wrongdoing.

The prosecution is seeking prison terms of two to 10 years.

SWISS ACCOUNTS

The prosecutors, who opened an investigation into the alleged bribery six years ago, allege that Mr Steinmetz obtained the mining rights in the Simandou region of south-eastern Guinea just before Mr Conte died in 2008.

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