Dayan brothers named as suspected tax evaders
Amir and Yitzhak Dayan, among Israel s wealthiest businesspeople, are suspected of evading tax and concealing hundreds of millions of shekels.
The gag order has been lifted on publishing the names of the two Israeli billionaires arrested on suspicion of tax evasion and concealing income of hundreds of millions of shekels, following a request by Globes and other Israeli media outlets. The businessmen are Itzik and Amir Dayan, members of one of the richest families in Israel.
The Dayan family owns huge amounts of commercial real estate in Europe and Israel including hotels and hotels franchising rights under the name Africa Israel Hotels. They also own a controlling stake in TLG Immobilien AG, traded on the Frankfurt Stock Exchange, which has a market cap of over €3.2 billion, and is the third largest real estate company in Europe. The Dayans also own Luxembourg based real estate company Vivion Holding.