Live Update From the Liveblog of
Sunday, September 1, 2019
Bezeq’s Elovitch, former CEO Handler to be indicted, pending hearing
The State Prosecutor’s Office on Sunday summons Bezeq telecom’s former majority shareholder Shaul Elovitch to a pre-indictment hearing on charges of fraud, obstruction of justice, and violations of Israel’s Securities Law.
Several other former Bezeq employees and senior members are also summoned on similar offenses, including former Bezeq CEO Stella Handler, Elovitch’s son and former company director Or Elovich, and the former CEO of Yes, Bezeq’s satellite TV subsidiary.
The securities fraud investigation was the precursor to the so-called Case 4000, in which Prime Minister Benjamin Netanyahu is suspected of bribery, fraud, and breach of trust.