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Delek Real Estate CEO Ilik Rozanski was placed under house arrest Wednesday following an investigation that he offered bribes to officials connected to the Grand Neter commercial real estate project in Netanya.
Delek Real Estate, a subsidiary of the Delek Group, said Rozanski was "questioned under warning" on Tuesday and released from custody after paying NIS 100,000, and giving a bank guarantee of NIS 70,000, "which Delek has guaranteed for his benefit." He will remain under house arrest until Sunday.
A police spokesman confirmed that representatives from the council of the Sharon Coastal area and the committee for building and development were being investigated on suspicion of accepting bribes surrounding the project. He would not, however, reveal which officials were involved.
"After the facts are revealed it will become clear that suspicions against the company and its CEO have no merit," Delek said in an official response.