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The court approved of the extrajudicial transaction in the case of «Hevrat Hashmal»

The tel Aviv district court approved the extrajudicial transaction entered into by the public Prosecutor’s office with former high ranking members of the Israeli electric company, recognized guilty of receiving bribes from Siemens Corporation, fraud, betrayal of public trust and money laundering between 2001 and 2002.

Former Deputy Director of the «Hevrat Hashmal» David Cohn admitted to receiving a bribe of 500 thousand dollars. He was sentenced to 45 months in prison, suspended imprisonment and confiscation of 1 million shekels. In addition, the Prosecutor’s office will insist on additional fines and confiscation.

Former Director of the Department of engineering and planning Jon Schweitzer admitted to receiving 200 thousand dollars. He was sentenced to 29 months in prison, suspended imprisonment, confiscation of 200 thousand shekels. In addition, the Prosecutor’s office will insist on additional fines and confiscation.

Former Deputy Director of the production Department Jacob (Yasha) Hain, subsequently took the post of Deputy Director of the company, admitted the receipt of 290 thousand dollars. He was sentenced to 24 months imprisonment, conditional imprisonment, confiscation of 850 thousand shekels and a fine of 300 thousand shekels.

Former Deputy Director of the Department of engineering and planning Haim Brener admitted obtaining 430 million dollars. He was sentenced to 33 months in prison, suspended imprisonment and confiscation of 1.7 million shekels.

Former division Director in the Department of engineering and planning Zvi Eyal admitted to receiving 260 thousand dollars. He was sentenced to 28 months in prison, suspended imprisonment, confiscation of 470 thousand shekels and a fine in the amount of 570 thousand shekels.

The court approved of the extrajudicial transaction in the case of «Hevrat Hashmal» 13.06.2017

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