Monday, October 26, 2020

Israeli minister, Haim Katz to be indicted for corruption

-

Israel’s attorney general announced Wednesday he intends to indict the country’s welfare minister on corruption allegations, one of a series of graft cases facing government officials.

Haim Katz, 71, is accused of fraud and breach of trust for allegedly introducing legislation to benefit a businessman who had managed his investments based on insider information, a Justice Ministry statement said.

Attorney General Avichai Mandelblit’s decision follows a long-running investigation into Katz’s dealings with businessman Mordechai Ben-Ari.

Katz is a member of Prime Minister Benjamin Netanyahu’s Likud party and has served in his current role since 2015.

- Advertisement -

Netanyahu himself is also facing potential corruption charges in the months ahead on allegations of fraud, bribery and breach of trust in cases unrelated to those of Katz.

The long-serving premier denies all the accusations and has labelled them as bids by his enemies to force him from office.

Related: Israel: Police Recommended Indicting Yacov Litzman for Bribery, Fraud, Breach of Trust

Mandelblit has announced his intention to charge Netanyahu pending a hearing expected in early October, weeks after Israel’s September 17 general elections.

Police have also recommended charges for two other ministers in his government.

- Advertisement -

Interior Minister Arye Deri has been accused of fraud and breach of trust in an investigation related to real estate sales.

Police have separately recommended charging Deputy Health Minister Yaakov Litzman over accusations he sought to prevent the extradition of a woman facing trial in Australia for paedophilia.

Mandelblit must still decide whether he intends to indict Deri and Litzman.

A court in June convicted Netanyahu’s wife Sara of fraudulently using state funds for meals, under a plea bargain which dropped more severe charges.

MUST READ

Julius Baer to deny two former CEOs their bonuses over money laundering scandal

Julius Baer will withhold millions of francs in bonuses from its former chief executives Boris Collardi and Bernhard Hodler, as a result of a...

Goldman Sachs executives to cover part payments of $3 billion fines in 1MDB scandal

Nine current or former Goldman Sachs executives, including CEO David Solomon, will have to pay back hundreds of millions of dollars in compensation over...

Goldman Sachs agrees $3 billion settlement with US DoJ over 1MDB corruption scandal

Goldman Sachs has agreed to pay nearly $3bn (£2.3bn) in the US to end a probe of its role in Malaysia's 1MDB corruption scandal. The...

Hong Kong fines Goldman Sachs $350 million over 1MDB scandal

Goldman Sachs ignored multiple red flags over the multibillion-dollar fundraisings it arranged for state fund 1Malaysia Development Berhad, Hong Kong’s financial regulator said on...

Texas attorney general Ken Paxton fires top aide who accused him of bribery

Lacey Mase, one of the top aides who accused Texas Attorney General Ken Paxton of crimes including bribery and abuse of office, has been fired, she told The...

Subscribe For More

Get our daily notification on the latest financial crimes news around the World

Advertisement
Advertisement

Latest News

This Week

Hong Kong fines Goldman Sachs $350 million over 1MDB scandal

Goldman Sachs ignored multiple red flags over the multibillion-dollar fundraisings it arranged for state fund 1Malaysia Development Berhad, Hong Kong’s financial regulator said on...

Guatemala seeks arrest of ex-minister linked to a $16m cash discovery

Guatemalan prosecutors are seeking the arrest of the former communications minister for ex-President Jimmy Morales on money laundering charges after finding a connection to...

Former Harris County deputy constable pleads guilty to transporting drug money and heroin

A former Harris County deputy constable and her husband pleaded guilty Wednesday to charges of conspiracy to possess with intent to distribute heroin, according...

Brother of ex-Pakistan PM Nawaz Sharif jailed for money laundering

Pakistan Muslim League-Nawaz (PML-N) chief and Opposition Leader in the National Assembly Shehbaz Sharif was sent to jail on Tuesday in a money laundering...
Advertisement

Adblock Detected!

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Enable Notifications    Ok No thanks