PhotoThe billionaire Beny Steinmetz was detained by the Israeli police on Monday morning for questioning in connection with an investigation into money laundering, obstruction of justice and bribery, officials said. Mr. Steinmetz, an Israeli diamonds, mining and real estate magnate, is already under scrutiny by law enforcement authorities in four other countries, including the United States. Federal prosecutors in the United States are investigating whether representatives of his firm bribed government officials in Guinea to secure a multibillion-dollar mining deal. He was previously detained and questioned in Israel in December. Since 2013, the United States Justice Department has been investigating Mr. Steinmetz’s company, BSG Resources, over potential violations of the Foreign Corrupt Practices Act.

Source: New York Times August 14, 2017 22:15 UTC