The former owner of Shikun & Binui, Shari Arison, and Arison Investments chairman and CEO Efrat Peled, will not be indicted in the Shikun & Binui bribery affair.
Former top Shikun & Binui execs to be indicted for bribery
But the case against former controlling shareholder Shari Arison will be closed, sources inform Globes.
Israel s Attorney General Avichai Mandelblit has decided to indict, subject to a hearing, former senior executives at Shikun & Binui Holdings Ltd. (TASE: SKBN) as well as the company itself, on suspicion of bribing public officials in Africa in order to win infrastructure tenders in Kenya and other countries, sources inform Globes.
The sources close to the matter say that at the hearing the executives will be questioned about the alleged bribes, money laundering and other offenses. Those to be summoned to hearings before an indictment include former chair Ravit Barniv and two former CEOs Moshe Lahmani and Ofer Kotler as well as other senior executives.