Internal security Minister Gilad Erdan and Minister of justice Ayelet shaked granted the petition of businessman Kobi Alexander to allow him to serve his sentence at home.
A month ago Alexander got permission from the authorities of the United States, where he is serving a prison sentence for fraud with securities.
Israeli businessman Kobi Alexander, one of the founders of Comverse, was in February 2017 sentenced to 2.5 years in prison for securities fraud.
He was declared the FBI most wanted list in August 2006. Hiding from justice, he fled to Namibia. In September 2006 he was arrested by local police but was later released on bail to 1.3 million dollars. And until the summer of 2016 successfully fought against his extradition to the United States, actively investing in the economy of Namibia.
However, in August 2016 it under the agreement with the U.S. Department of justice came to the US to stand trial.
In his letter addressed to the court, Kobi Alexander, was asked to consider the fact that he deeply regrets the incident. «I know I should have been back earlier, but could not bring myself to do it,» he wrote.