NEW YORK/LONDON (Reuters) - FBI agents have arrested a man who worked as a representative of Israeli billionaire Beny Steinmetz' operations in Guinea, as part of a U.S. probe into alleged corruption in the mineral-rich West African country.
BSG Resources, the mining arm of Steinmetz' conglomerate, is currently battling the African nation over the right to mine one of the world's largest untapped iron-ore deposits, known as Simandou. It has repeatedly denied Guinean government allegations that it paid bribes to the country's former ruler to obtain the huge concession.
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