Israeli police arrest associate of tycoon in bribery case


Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

JERUSALEM (AP) — Israeli police say they have arrested a top associate of a prominent billionaire businessman in connection with an international investigation into suspected bribery of an official in Guinea.

Police say they apprehended Asher Avidan on Monday. He is a former official in Israel's Foreign Ministry and heads mining operations for businessman Beny Steinmetz's company BSGR. Steinmetz, an Israeli-born businessman and global player in the diamond-mining industry, was arrested in Israel on Sunday.

Israeli media reported Steinmetz is suspected of bribing the former leader of Guinea and his wife for rights to mine at the Simandou range, one of the world's largest sources of iron ore. Israeli police would not comment on the specific bribery claim, but said the men are suspected of paying tens of millions of dollars in bribes.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast