Saturday, May 6, 2017

George Soros battles $10B lawsuit, familiar charges of wielding political influence

Via Billy

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A $10 billion suit against George Soros accuses the self-styled humanitarian of meddling in the politics of a poor African country in order to settle his own scores, a charge the billionaire’s critics say reflects his longtime modus operandi.

The 86-year-old investor, who controls a web of international nonprofits in addition to his vast financial empire, used his sway with the government of Guinea to freeze Israeli company BSG Resources out of the West African nation’s lucrative iron ore mining contracts, according to the suit filed last month in New York Federal Court by BSG Resources.

"Soros was motivated solely by malice, as there was no economic interest he had in Guinea," BSGR alleges in court papers.

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