Guinea Arrests Steinmetz Group Executives as U.S. Probe Widens
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Guinea arrested two executives of BSG Resources Ltd., the mining company controlled by Israel’s richest person Beny Steinmetz, as a U.S. investigation into how it won rights to a “lucrative” iron-ore deposit widened.
Local police arrested Ibrahima Sory Toure, vice president of BSGR and director of public relations, as part of a probe into whether bribes were paid to win two licenses covering the Simandou deposit, Toure’s lawyer, Momo Sacko, said today. A security official for BSGR in Guinea, Issaga Bangoura, was also apprehended, according to a statement from the Justice Ministry.