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.   Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.   Partner news |  Latest news The Power of One Dram to benefit Road of Life charity  The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization.Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia.Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |
