Friday, November 3, 2023

Beny: "Steinmetz Set Free after Cyprus Supreme Court Rejects Extradition"

It never ends with this guy.

From the Organized Crime and Corruption Reporting Project, November 3:

Cyprus’s Supreme Court overturned a decision to extradite mining magnate Beny Steinmetz to Romania on Friday, ruling that he faced a risk of inhumane treatment if sent to jail there to serve a five-year sentence in a corruption case.

Romania’s supreme court had convicted Steinmetz in absentia of forming “an organized criminal group” in December 2020, finding that he conspired with the grandson of a former king and others to corruptly obtain former royal lands worth over US$100 million. Since then Steinmetz, 67, has been a wanted man in Romania.

It is the second time that the businessman who made his fortune in the family diamond business, before branching out into real estate and mining ventures, has defeated Romania’s extradition attempts. In November 2021, he was arrested in Athens on the basis of a European Arrest Warrant issued by Romania, but was allowed to leave the following March when the Athens Court of Appeal ruled against his extradition.

Cypriot police arrested Steinmetz at Larnaca airport on August 31 of this year and again on the basis of the European Arrest Warrant issued by Romania. Although released on bail within a week, he was detained again after a district court initially upheld his extradition on October 11.

On October 25 he was sent to a hospital in Limassol, a Cypriot police spokesman said. He was not present at the ruling on Friday and his lawyer, Elias Stefanou, told the Supreme Court that Steinmetz had “experienced back-pains affecting the mobility of his leg” while in detention....

....MUCH MORE

If interested in the backstory of the backstory:

"Cypriot Court Rules to Extradite Mining Magnate Beny Steinmetz to Romania"
We haven't had anything on Beny in a bit over a year, some prior links after the jump....