Parole board approves early release for jailed former Bank Hapoalim chief

The Parole Board on Monday approved the early release of former Bank Hapoalim chairman Dan Dankner, who in 2013 was convicted of a series of conflict of interest violations during his time as head of the bank.
Following a protracted legal battle, the Supreme Court in June of last year cut his original 12 month prison sentence to 8 months, which he began serving in November. The early release means that he will be released in the coming weeks.
In December 2013 the Tel Aviv District Court handed down a one year sentence against Dankner, after he agreed to a plea bargain that removed the more serious charges of money-laundering, impure ethical practices and harming the bank’s interests. Under the deal, he agreed to pay a NIS 1 million penalty.
The case revolved around a series of incidents in which he withheld the fact that he had partnerships with other parties that had dealings with the bank.
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