Police arrest 2nd suspect in Israeli diamond tycoon’s corruption probe

Police arrested on Tuesday a second suspect in an ongoing investigation into Israeli billionaire diamond tycoon Benny Steinmetz. The suspect, whose name is under gag order is due to appear before the Rishon Lezion Magistrates Court on Tuesday.

The case is part of an international investigation into the acquisition of one of the world’s largest iron-ore mineral deposits by BSG Resources (BSGR), a mining company founded by Steinmetz. He is suspected of bribing Guinean public officials with tens of millions of dollars to further the interests of the company.

Source: http://www.jpost.com/Israel-News/Police-arrest-2nd-suspect-in-Israeli-diamond-tycoons-corruption-probe-475946

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