This is part 3 of a 4-part series.
Beny Steinmetz’s legal saga may be putting him through the ringer, but it has been a boon for his defence team and the corporate lawyers at Beny Steinmetz Group Resources (BSGR) – the company he advises but does not officially run.
Since 2013, Steinmetz and his eponymous company have been waging a series of legal battles in courtrooms the world over. While Guinea suspended its proceedings following an agreement reached between the Franco-Israeli businessman and Alpha Condé in 2019 (though BSGR has not formally signed off on the deal), Steinmetz’s legal fights continue elsewhere.
In England, for starters, he brought an action against BSGR’s former joint venture partner, the Brazilian mining conglomerate Vale. Back in April 2019, a London arbitration court ordered BSGR, represented by the London-based legal firms Asserson Law Offices and Mishcon de Reya,
There's more to this story
Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Africa. Unlocked.
Already a a subscriber Sign In
Also in this in Depth:
distribution detailsWill Dangote’s Refinery solve Nigeria’s fuel consumption problems? President Muhammadu Buhari commissioned the Dangote Refinery and Petrochemical Plant, the world’s largest single-train refinery, on 22 May in Lagos amid jubilation, but experts say distribution problems are the next big challenge.
Coffee WithAngélique Kidjo, an encounter beyond space and time Fresh from winning the prestigious Polar Music Prize, the Benin-born singer tells The Africa Report what motivates her to cross cultural divides in her art and advocacy.
Cracking downUS sanctions Wagner commander in Mali in latest crackdown on Russian mercenary operations in Africa The US government slapped new sanctions on Russia’s Wagner Group on 25 May, putting African nations on notice that working with the Kremlin-linked mercenary group carries high risks.