HALISTER1: Steinmetz Questioned in Israel Money-Laundering Case: Channel 2

Steinmetz Questioned in Israel Money-Laundering Case: Channel 2

(Bloomberg) -- Israeli businessman Beny Steinmetz and four other senior businesspeople were brought in for questioning on suspicion of violating anti-money-laundering laws and bribery, Channel 2 TV reports. 
  • Some of the suspects’ homes and offices were searched
  • Businesspeople suspected of working together to draft fictious contracts and transactions, some of them in overseas real estate, in order to launder money
  • The investigation is being conducted in coordination with authorities outside of Israel
To contact the reporter on this story: Amy Teibel in Jerusalem at ateibel@bloomberg.net

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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