2 Israelis arrested in Georgia on suspicion of bribery

By JPOST.COM STAFF
October 16, 2010 22:39

Two Israeli businessman were arrested by authorities in the Central Asian country of Georgia on Thursday for allegedly attempting to bribe the country's deputy finance minister, Georgian authorities said Saturday.

Roni Fuchs and Ze'ev Frenkel, two of the owners of the company, Tramex International. Inc., are suspected of offering Georgian Deputy Foreign Minister Avtandil Kharadze $7 million to influence the government not to appeal a decision by an international court by which Georgia would have to pay $100 million to Tramex International.

The suspects were denied bail and will remain incarcerated in Georgia until their trial.


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