2 more Hapoalim employees indicted

Prosecutors have indicted two senior workers at the Bank Hapoalim branch in Tel Aviv where police suspect a massive money laundering scheme was carried out.

By YIGAL GRAYEFF
February 22, 2006 07:36
bank hapoalim 88

bank hapoalim 88. (photo credit: )

Prosecutors have indicted two senior workers at the Bank Hapoalim branch in Tel Aviv where police suspect a massive money laundering scheme was carried out. The head of the French desk and the head of customer relations were added to an indictment that already included three customers. In March last year, police froze $372 million deposited in Hapoalim's branch 535 on Rehov Hayarkon on suspicion that the money, which belonged to 200 of the bank's international clients, was obtained illegally and had been knowingly laundered by bank employees.


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