Ex-Wall Street Banker Convicted in $8.5m Guinea Bribery Case

(Bloomberg) A Guinea-born former Wall Street banker was convicted of laundering $8.5 million in bribes that he took while a government minister in the West African country…Mahmoud Thiam was accused in the U.S. of taking illegal payments to help China International Fund Ltd. win exclusive rights to mine Guinea’s iron, gold, diamonds and bauxite deposits and then laundering the money into the U.S….

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