Israeli billionaire questioned on suspicion of securities fraud November 27, 2012 - 17:42 AMT PanARMENIAN.Net - Israeli regulators say one of the country's wealthiest businessmen has been questioned on suspicion of securities fraud, according to The Associated Press. IDB Holding Corp. notified the Tel Aviv Stock Exchange on Tuesday, Nov 27 that its chairman, Nochi Dankner, was questioned about the alleged offenses. Dankner said in a statement that his activities were lawful. The Israeli Securities Authority said in a statement to a court that Dankner was questioned with two associates on suspicion of fraud, breach of trust and money laundering. He was banned from leaving the country. The authority suspects Dankner and his associates sought to influence the share price of the troubled company by carrying out millions of dollars' worth of fraudulent transactions. IDB Holding, made up of some of Israel's largest companies, is struggling to pay its huge debts. Partner news  Top stories Amy Elliott, chief administrative officer of the Oklahoma medical examiner's office, said 51 were confirmed dead. An Islamist insurgency, once confined largely to the republic of Chechnya, has spread across the North Caucasus in recent years. Earlier, at least five Azerbaijan soldiers were killed and six seriously injured when their vehicle rammed into a tree and overturned. Among its provisions are bans on child marriage and the traditional practice of selling and buying women to settle disputes.   Partner news |  Latest news Deputy FM slams Azeri attempts to distort reality behind Karabakh conflict  Shavarsh Kocharyan: Baku’s statements on unacceptability of a status quo in Karabakh conflict aim to prevent alteration of the status.Armenia’s Consumers Association slams gas price hike Head of Armenia’s Consumers Association NGO addressed a letter to Human Rights Defender over gas price rise.“Hunger Games” star Liam Hemsworth to headline “Aurora Rising” action flick A surfer who becomes a fighter pilot is recruited to be part of an elite team to test a new generation of aircraft just as an int’l conflict begins."Teen Wolf" star Dylan O'Brien to topline DreamWorks' "Glimmer" O'Brien is currently filming the lead role in Fox's adaptation of bestselling novel "The Maze Runner." |
