Police: 'Vast sums of public money' at center of massive graft case against Netivei Israel

Suspects include a former MK.

By
November 2, 2015 09:34
1 minute read.
Israel Police

Israel Police logo. (photo credit: Courtesy)

 
X

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

Police on Monday arrested and detained for questioning over 20 people - including senior officials from a major government owned company and a former MK - accused of bribery, money laundering, and fraud.

The allegations against the current and former officials from Netivei Israel – National Transport Infrastructure Company LTD,  revolve around a sophisticated, methodical system they set up for funneling money to their own pockets through shifting vast amounts of public money to cronies and associates, police said Monday.

Be the first to know - Join our Facebook page.


The suspects – who cannot yet be named – include a number who are involved in Case 242 - “The Yisrael Beitenu case”. Though the two cases are not connected – according to police – the current investigation against Netivei Israel involves a very similar method to that used by the suspects in the 242 case.

In the current investigation, police suspect that executives took bribes in order to award government tenders to associates and outside contractors, tenders which involved vast sums of public money in the tens of millions of shekels, police said Monday.

A number of the suspects are currently no longer with the company, but police said they suspect that they used their connections with current executives to continue to influence its operations and reward contracts and other favors to associates.

The case does not include any suspected wrongdoing with the construction of the Tel Aviv Light Rail, which is the responsibility of NTA Metropolitan Mass Transit System Ltd., a separate corporation from Netivei Israel.

The allegations came to light as part of a months-long undercover investigation, police said. Police expect to bring several of the suspects detained in the raids Monday morning to remand extensions this afternoon.



JPOST VIDEOS THAT MIGHT INTEREST YOU:

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

September 23, 2018
Hamas halts cease-fire talks, blames Abbas

By HAGAY HACOHEN