Shaul Elovitch, the controlling shareholder of Bezeq, was ordered released by Tel Aviv Magistrates Court on Wednesday but was barred from entering Bezeq’s headquarters and subjected to other conditions, as a wide-ranging Israel Securities Authority investigation marked its second day.
Jerusalem – Israeli police say a prominent billionaire businessman and a political consultant arrested this week on an array of charges will be released under restrictive conditions.
Israel’s military export contracts topped $5.7 billion in 2015, a slight increase from the year earlier, the Defense Ministry announced Wednesday.
Investigators who grilled the Israeli-born tycoon Arnon Milchan in London last week on suspicion he bribed Prime Minister Benjamin Netanyahu, apparently told him “you bribed Netanyahu in exchange for the assistance he gave you on Channel 10 interests,” according to police officials.
Israel Police said on Thursday that after a week of negotiations they were unable to reach an agreement on the terms of a bond to be deposited by the billionaire Beny Steinmetz to ensure he doesn’t send assets out of the country while he is under investigation.
Gal Hirsch, the former senior army officer who almost became police commissioner last year, was questioned under caution by the Israel Police’s fraud squad on Tuesday.
Israel has launched a probe into companies and individuals exposed by the “Panama Papers” data leak to have holdings in offshore accounts.
Israel continues to sell weapons to Myanmar’s military junta despite the ongoing persecution of the Rohingya Muslim minority in the state of Rakhine.
The outgoing Israel Chemicals CEO has been replaced by COO Asher Grinbaum who becomes acting CEO.
Israel Aerospace Industries (IAI), the nation’s largest aerospace and defense company, said it has developed a new Collision Warning System to increase military flight safety by warning pilots of potential crashes with commercial and civilian aircraft.
