Miner Makes Grab For $1.8B In Steinmetz Fraud Battle

By Christopher Crosby (September 10, 2021, 2:17 PM BST) -- A Brazilian miner reached for $1.8 billion at a London court on Friday, arguing in its fraud lawsuit against a billionaire that two companies linked to the businessman are out of time to explain what happened to the miner's missing money.

A Brazilian miner has asked the High Court to strike out defenses filed by companies said to be holding assets of a businessman convicted of bribery. (AP Photo/Kirsty Wigglesworth) Lawyers for Vale SA urged a High Court judge to strike out defenses filed by companies said to be holding assets of Beny Steinmetz, an Israeli businessman convicted of bribery over...

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