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After years of being cheated by George Soros, companies owned by Israeli mining magnate, Beny Steinmetz, are suing him for costing them at least $10 billion in lost business.

Soros funded law firms, transparency groups, investigators, and officials in order to strip the rights to an iron ore deposit, located in Guinea, in addition to other worldwide business opportunities. According to complaint filed by BSGR, he did this to ensure that the BSG Resources Ltd. company would lose their rights to the deposit, back in April of 2014.


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While they have been accusing Soros of these corruption allegations for years, this is the first time they have decided to take legal action.

In the complaint, BSGR alleges that Soros was driven by a grudge dating back to 1998 around a business in Russia and his alleged hostility towards Israel.

“To Soros, Steinmetz’s success, as well as his active, passionate promotion of Israeli life, business and culture are anathema,” BSGR said in the complaint. “Soros is also well known for his long-standing animus toward the state of Israel.”

Soros’s spokesman Michael Vachon didn’t immediately respond to an email or messages left on his work and mobile phone outside of regular business hours.

BSGR said its case is supported by an email from a senior Soros investment executive in New York relating to Guinea’s interactions with BSGR around their mining contract and information from witnesses that Soros had personally demanded BSGR be pushed off Simandou.

“Soros’s financial clout gave him power over Guinea’s processes of government, which he then thoroughly abused,” BSGR said in the complaint. Soros was “motivated solely by malice, as there was no economic interest he had in Guinea,” the company said.

The case is BSG Resources (Guinea) Ltd. v. Soros, 17-cv-02726, U.S. District Court, Southern District of New York (Manhattan).

Soros is a very evil, corrupted man. I could tell you this just by seeing his filthy hands during the 2016 election. He is driven by greed of power and money.


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