Arrested billionaire’s company denies corruption allegations

The company of arrested billionaire Israeli Beny Steinmetz, BSGR, denies the corruption allegations against him.

“It is BSGR’s strong belief that these allegations of bribery by the government of Guinea are not only baseless, but are a systematic attempt by the government of Guinea to cover up the endemic corruption which has blighted this country for a number of years,” the company says.

Steinmetz was sent to house arrest earlier today.

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