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 U.S. officials say they want to advance efforts to start talks between the Syrian government and opposition leaders. The international conference, backed by Russia and the U.S., aims to find a political solution to the conflict in Syria. Nuland, a career foreign service officer who was until recently State's top spokesperson, was expected to be nominated the post. Alkhatib said Assad should respond within 20 days and that he should then be given a month to dissolve parliament.   Partner news |  Latest news Israeli security expert says Syrian hacker attack foiled  Israel refuses to comment on the strike but officials at the time said Iranian missiles set for Hezbollah were hit.Gyumri to host Europe Day celebrations The celebrations will feature a small information fair, with EU project representatives to brief the visitors on the initiatives launched.1st Armenian interactive fairy tale available for iPhone/iPod Touch The tale sparked great interest in Diaspora. Such projects, namely interactive version of “Alice in Wonderland”, are popular abroad.Expert says Russian FM’s remarks in context of Madrid Principles No decisive developments will follow the meeting between Russian and Azerbaijani foreign ministers, David Jamalyan said. |
