Connect with us

Hi, what are you looking for?

Jewish Business News

World News

Government company officials including the CEO detained for questioning on alleged bribes


The police detained for questioning five suspects of a governmental company on Tuesday morning, including the CEO and the company’s marketing manager, as well as third-party suppliers, on suspicion of promoting bribery and appointments and tenders within the company in exchange for bribes.

The investigators at Lahav 433 were delayed this morning, following a covert investigation, working at the government company and raiding their homes and offices in order to seize documents and computers related to the suspicions attributed to them.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

It is possible that during the day the police will ask to extend their remand in the Magistrate’s Court in Rishon Letzion.

Investigators from the police’s National Financial Investigations Unit detained the suspects after concluding a covert investigation and searched their homes and offices in order to seize documents and computers linking them to the alleged offenses.

“The Israel Police is honing in on financial crimes and corruption in governmental companies and will bring offenders to justice,” a police statement said.

“The police will continue to investigate and expose illicit processes such as promoting tenders and appointments for cronies in exchange for bribes and will continue to strike at the heart of corruption wherever it appears in governmental companies, finally clearing them of any wrongdoing accruing great expense for the law-abiding taxpayer,” the statement concluded.




You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.