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
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
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
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
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