We haven't had anything on Beny in a bit over a year, some prior links after the jump.
From the Organized Crime and Corruption Reporting Project, October 11:
A Cyprus court ruled on Wednesday to extradite mining entrepreneur Beny Steinmetz to Romania, where he has been sentenced to five years in prison for conspiring with the grandson of the former king and others to corruptly obtain former royal lands worth over US$100 million.
Steinmetz’s representatives, however, said they would appeal the decision to the country’s Supreme Court. Judge Michalis Michael said Steinmetz would be held in detention until his extradition or the filing of an appeal, as there was a risk of his fleeing justice.
Cypriot police had arrested Steinmetz, 67, at Larnaca airport on August 31, on the basis of a European Arrest Warrant issued by Romania after his conviction for forming “an organized criminal group.” Romania’s supreme court found him guilty in December 2020.
After his initial arrest, Steinmetz, an Israeli citizen and resident, was freed on a one-million-euro bail, but was confined to the island and had to report every day to a local police station, according to a spokesman for the Cypriot police. Steinmetz, unshaven and dressed in a blue suit, was again placed under arrest after today’s court decision.
The lead lawyer for Steinmetz, Elias Stefanou, had asked the court that he be freed from detention, under the same conditions applied during the past six weeks. Stefanou cited Steinmetz’s philanthropic activities and compassion for the conflict in Israel in his request....
....MUCH MORE
Previously:
May 2022
"France: Billionaire Beny Steinmetz Loses Landmark Guinea Bribery Case"
April 2021*****...There's a Soros angle in some of Beny's dealings that I alluded to in 2021's "Mining Billionaire Beny Steinmetz Found Guilty Of Corruption, Faces Prison Time":
There are a couple very interesting wrinkles in the Guinea story which may trigger a sense of déjà vu for folks who remember the saga of Roșia Montană.
More to come.
But they have not yet seen the light of day.Another bit o'Beny's skullduggery:
"Mining Billionaire Gets Help From Ex-Spies in Bitter Legal Fight" (VALE)
No, silly, not Steele and Deripaska these guys are even worse.*
"Vale says Steinmetz-triggered probe in Brazil over Simandou closed"
January 2021
Mining Billionaire Beny Steinmetz Found Guilty Of Corruption, Faces Prison Time
Israeli billionaire Beny Steinmetz to appear at Geneva trial next month to face corruption charges
"Mining Billionaire Gets Help From Ex-Spies in Bitter Legal Fight" (VALE)
And as noted in the outro from "Congo investigates possible money laundering in $222 million loan linked to Israeli billionaire Dan Gertler":
Another of the shady characters on the African extractive industries scene.One more, from way back in 2012:
See also "Mining Kingpin Beny Steinmetz Loses Effort To Overturn $2bn (£1.6bn) Arbitration Judgement" for Beny and the Och-Ziff crowd.
We're probably due for an update from ERC or ENRC pretty soon, just to round out the action.
Maybe check in on Frank Giustra for more of that Kazakh flavor.
"SECRETIVE group of Chinese Tycoons Plotting to take away the World's Largest undeveloped iron ore project from Rio Tinto" (RTP; VALE; BZM.L)
