4th May 2016
Siemens AG will pay Israel 160 million shekels ($43 million) to settle a decade-old corruption case in which the German group was accused of bribing executives at a state-owned utility to win contracts, Israeli authorities said Read More
20th April 2016
Investigators believe some $200 million were laundered with the help of Israelis both at home and abroad. Read More
22nd March 2016
Law, which still requires Knesset approval, would regard tax evasion as money laundering and bring stiffer penalties. Read More
10th March 2016
The charges also include fraud, breach of public trust, fraudulent receipt of a benefit under aggravated circumstances, theft, money-laundering, tax violations and conspiracy to commit a felony. Read More
24th February 2016
Dror Giladi, CFO of the Inbal Or Group of real estate development companies has been arrested by the Israel Tax Authority for suspicions that he allegedly assisted Or in concealing deals worth tens of millions of shekels and issuing fictitious invoices. Read More
22nd February 2016
The trial of former Minister Binyamin Ben-Eliezer will begin today (Monday) in Tel Aviv. Read More
19th February 2016
One of the key shareholders in Platinum Bank (Kyiv) Gregory Gurtovoy on February 17, 2016 was arrested by Israeli authorities on suspicion of taking money out of his BGI holding company in violation of the law, Haaretz has reported. Read More
16th February 2016
The voluntary disclosure program received 4,300 requests from taxpayers wishing to avoid legal sanctions for hiding assets. Read More