Kushner Cos. Seeking $250M To Pay off Chinese Investors
The Kushners are looking to pay off Chinese investors.
The Kushners are looking to pay off Chinese investors.
e are Israelis and we know how to fight. We are not going to let it go.” Beny Steinmetz’s words to a tribunal in Paris two weeks ago capped a colourful testimony via videolink from Israel.
Asher Avidan was the top official in Guinea for Steinmetz’s BSG Resources, which is accused of paying millions of dollars in bribes in 2008 to win the right to mine part of the West African country’s giant Simandou iron-ore deposit.
The Telegraph newspaper reported that Steinmetz blamed Soros’ advice to Guinean president Alpha Condé for the mess BSGR is in.
A key associate of mining magnate Beny Steinmetz has declined to testify at an arbitration hearing in Paris at the last minute, on the advice of his lawyers.
Israeli businessman Beny Steinmetz has labelled George Soros “nuts” and accused him of trying to upset his hopes of developing the Simandou iron ore mine in Guinea, according to a report in London’s The Telegraph newspaper.
BSG Resources, the mining arm of tycoon Beny Steinmetz’s empire, may have to pay as much as $1.2 billion to Vale (NYSE:VALE), its former partner in the massive Simandou iron ore project in Guinea, after choosing to skip a related arbitration hearing in London.
A US federal court convicted a former Guinea minister of laundering US$8.5 million in bribes he took from a Chinese tycoon in exchange for mining rights in Guinea, media reported Wednesday.
Jared Kushner and his family business has now been linked to real estate transactions with an Israeli billionaire under investigation in four countries for bribery and corrupt practices.
You can’t deny that Beny Steinmetz, the Israeli billionaire who has been Rio Tinto’s bete noire for the best part of a decade, isn’t good for a bit of drama.