Hapoalim CEO questioned in fraud probe

February 1, 2011 12:33


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

Bank Hapoalim confirmed on Tuesday that CEO Zion Kenan was questioned under caution yesterday by the police. Kenan was questioned in regard to fraudulent receiving and breach of trust.

The Israel Police National Fraud Unit suspects Kenan of involvement in the granting of illegal loans to former Bank Hapoalim chairman Dan Dankner.

Dankner was ousted from his position for alleged breaches of corporate governance. The case is already under investigation. He was questioned in connection with receiving millions of shekels in loans allegedly granted improperly when he was chairman.

Related Content

Breaking news
August 19, 2018
Egyptian monks sent to trial over killing of bishop