The Office of the Israel’s Tax and Economic Prosecutor announced Monday that it has reached a Conditional Agreement with Teva Pharmaceuticals Industries Ltd. with respect to the bribery issues Teva resolved with U.S.… Continue Reading
All posts by Chaim Gelfand
The press in Israel reported this week that Aeronautics Ltd., one of the largest military drone manufactures in Israel, is being investigated for suspected bribery of a foreign public official.
If confirmed, the investigation into foreign bribery offenses would be the fourth in Israel.… Continue Reading
Beny Steinmetz was detained Monday in Israel for a second time for questioning in connection with bribery of high ranking foreign officials in Guinea.
The police action was part of a joint investigation by the Israeli Police and authorities from Switzerland, the United States and Romania.… Continue Reading
Yesterday I participated as a panelist at a roundtable on the “Increase in the Enforcement of the Foreign Bribery Statue in Israel,” part of the Globes Newspaper’s Capital Markets Conference.
As seems to always be the case with anti-corruption matters, on the day of the conference there were new anti-corruption headlines.… Continue Reading
Israel’s enforcement of its foreign bribery statute took years to get off the ground but it’s now going full speed ahead.
Monday marked the beginning of a new phase in Israel’s fight against overseas graft. For the first time, a charging sheet was filed by the Tel Aviv District Prosecutor’s office against an Israeli company for violating Israel’s Bribery of Foreign Public Officials statutes.… Continue Reading