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Home In Brief

Israeli billionaire Beny Steinmetz sentenced to 5 years in jail in Romania

by  Danielle Roth-Avneri
Published on  12-18-2020 06:14
Last modified: 12-18-2020 06:14
Israeli billionaire Beny Steinmetz sentenced to 5 years in jail in RomaniaAFP

French-Israeli diamond magnate Beny Steinmetz in a Rishon Lezion court after he was detained as part of an international money laundering investigation, Aug. 14, 2017 | Photo: AFP

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Israeli billionaire Beny Steinmetz and communications consultant Tal Silberstein on Thursday were convicted in the Romanian Supreme Court of corruption and forgery charges in connection with mining contracts in Guinea.

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The verdict by the Romanian Supreme Court overturned the decision by the District Court to acquit Steinmetz and Silberstein.

The two's lawyer, Yuval Sasson, told Israeli media that "the appeal was conducted contrary to law and to the principles of justice, and we intend to appeal to higher European court and have the proceeding annulled, as has happened more than once in relation to rulings of the Romanian courts."

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