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Description
French-Israeli diamond magnate Beny Steinmetz arrives back in court in Switzerland to appeal against a corruption verdict linked to mining rights in Guinea. The 66-year-old businessman was convicted in January 2021 of setting up a complex financial web to pay bribes to ensure his company could obtain permits in an area estimated to contain the world's biggest untapped deposits of iron ore.
He was sentenced by a Geneva court to five years in prison and also ordered to pay 50 million Swiss francs ($52 million) in compensation. Steinmetz, who maintained his innocence throughout that trial, has changed his legal team for the appeal. Jean-Marc Carnicé, a lawyer for Steinmetz's fellow defendant Frédéric Cilins, denounces the judgement as one where "almost everything is wrong, there is no trace, no proof of corruption in this file". IMAGES AND SOUNDBITES