Region: Israel

Judge scolds investors’ bribery lawsuit: “That theory is incredible”

Investors sued a US company after it bought an Israeli business that allegedly engaged in widespread bribery. A federal judge dismissed the lawsuit, saying it was “stitched together by tissue paper-thin” allegations.

31 March 2021

Mossad director urged Trump administration to ease Gertler sanctions

19 March 2021

Israel asks Switzerland for tax data on citizens and related companies

08 March 2021

Australian tax agency reaches $105 million settlement with Israeli banks

Israeli lender Israel Discount Bank and its subsidiary, Mercantile Discount Bank, have agreed to pay $105 million to settle claims they helped a wealthy Australian family evade income tax.

01 February 2021

Germany shuts down investigation into ThyssenKrupp submarine deal

Prosecutors in Bochum have ended a bribery investigation into individuals connected to engineering company ThyssenKrupp’s $2.3 billion submarine deal with Israel.

14 January 2021

Steinmetz bribery trial to begin in Switzerland

Israeli businessman Beny Steinmetz will face charges that he paid bribes to secure mining rights in Guinea’s Simandou region in the first international corruption case brought to trial by the Geneva public prosecutor’s office.

07 January 2021

Israel defence ministry to investigate submarine deal

20 November 2020

Israel opens foreign bribery investigation into subsidiary of US flavours company

10 November 2020

Transparency International: foreign bribery enforcement in decline since 2018

13 October 2020

Lacklustre early cooperation fuelled US tax evasion penalty to Israeli bank

The DOJ said in the $874 million settlement that the bank's cooperation improved dramatically when it hired new external lawyers in 2017.

01 May 2020

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