Financial Crime Financial Crime

BSG Resources, bankrupt after $2 billion loss to Vale in bribe case, being looted, Vale lawyer says

By Richard Vanderford
  • 06 Aug 2020 17:36
  • 06 Aug 2020 19:05
Mining company BSG Resources, which filed for bankruptcy after losing a $2 billion, bribe-centered arbitration fight to fellow miner Vale, is being looted as the bankruptcy goes on, a lawyer for Vale said.
BSGR owner Beny Steinmetz and his family are responsible, Vale lawyer Jeffrey Rosenthal said today in

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