Israel police question billionaire Arison in Shikun bribery probe
13 Aug 2018

Israeli-American billionaire Shari Arison was questioned by Israeli police on Sunday in connection with an ongoing bribery investigation into the country’s largest construction firm, Shikun & Binui, her company said.

Arison’s investment arm Arison Group recently sold control of Shikun & Binui to U.S.-Israeli businessman Naty Saidoff.

Arison was summoned along with another executive of Arison Group, Efrat Peled, by the Israeli police’s anti-corruption unit, Arison Group said in a statement.

“They cooperated fully and are certain there was no flaw in their conduct, and that this will also be the conclusion of the enforcement agencies,” it said.

Arison Group completed the sale of its 47.5 percent stake in Shikun & Binui to Saidoff last week for 1.1 billion shekels (231.85 million pounds).

– By Tova Cohen and Ari Rabinovitch, Reuters, 12 August 2018.

Link to Reuters.

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