The Commercial Court in London has rejected an application by a Guernsey mining company founded by Israeli billionaire, Beny Steinmetz to set aside a US$2 billion LCIA award that found an iron ore concession in Guinea was procured using bribes.

For more information, please see https://globalarbitrationreview.com/article/1211575/billion-dollar-mining-fraud-award-upheld-in-london