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Israeli diamond tycoon released from custody in Cyprus, following last week’s arrest
Israeli diamond magnate Beny Steinmetz, right, with his lawyer, Christian Luescher, arrive at a courthouse in Geneva, Switzerland, August 31, 2022. (Fabrice COFFRINI/ AFP)
French-Israeli mining tycoon Beny Steinmetz has been released from Cypriot custody under restrictive conditions after being arrested last Thursday, the Reuters news agency reports, citing local police.
Steinmetz was arrested when he arrived at Larnaca airport on the basis of an arrest warrant issued by Romania for a corruption conviction.
The following day, a court extended his remand and declined to release him with restrictions, the Ynet outlet reported Sunday.
He is now expected to face a judge on September 14.
Romania convicted him in absentia for real estate fraud and in December 2020 sentenced him to five years in prison.
