Dankner indictment for share manipulation nears

Nochi Dankner  picture: Nimrod Sonders
Nochi Dankner picture: Nimrod Sonders

Nochi Dankner's attorneys met again with the prosecutor in an effort to avoid charges.

Sources inform ''Globes'' that just as the Tel Aviv District Prosecutor (Taxes and Economics) plans to recommend indicting Nochi Dankner for allegedly manipulating the share price in IDB Holding Corp. Ltd. (TASE:IDBH), his attorneys held another meeting with the prosecutor in an effort to avoid the charges. Parties familiar with the prosecutor's office say that the team examining the case has rejected the defense's argument at the hearing in April, nor will the team carry out additional investigations.

The sources added that an expert who reviewed the case submitted his opinion, which apparently strengthens the suspicions against Dankner.

No decision has yet been taken against Dankner in the case, and several weeks may go by until it is made. State Prosecutor Shai Nitzan will make the final decision.

The Tel Aviv District Prosecutor said in response, "No decision has been regarding the claims raised in the hearing held for Nochi Dankner."

Published by Globes [online], Israel business news - www.globes-online.com - on June 11, 2014

© Copyright of Globes Publisher Itonut (1983) Ltd. 2014

Nochi Dankner  picture: Nimrod Sonders
Nochi Dankner picture: Nimrod Sonders
Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018