On 22 January, the verdict was in: a Geneva court sentenced Beny Steinmetz to five years in prison for bribery in connection with the allocation of mining licences in Guinea’s Simandou region. The Franco-Israeli businessman was represented by the big-name Swiss lawyer Marc Bonnant.
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.