Coup Claims Against Steinmetz Land French Newspaper With Fine

  • French appeals court says Le Canard Enchaine defamed Steinmetz
  • Israeli billionaire Steinmetz is contesting corruption claims
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For years Israeli billionaire Beny Steinmetz has been on the receiving end. He was detained, accused of corruption and stripped of a giant iron ore deposit.

The diamond tycoon was even accused by French newspaper Le Canard Enchaine of hiring French, Israeli and South African mercenaries to topple the government of the West African state of Guinea, where he still hankered for the return of his iron ore mine, Simandou.