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Former minister Kahlon interrogated over alleged involvement in credit firm scandal

Finance Minister Moshe Kahlon hold a press conference with at the Finance Ministry office in Jerusalem, September 23, 2019. (Flash90)
Finance Minister Moshe Kahlon hold a press conference with at the Finance Ministry office in Jerusalem, September 23, 2019. (Flash90)

Former finance minister Moshe Kahlon has been interrogated by the Israel Securities Authority as part of an ongoing investigation into the Unet non-banking credit company, where he recently served as board chairman.

Kahlon is interrogated for about two hours, according to reports, and is suspected of failing to report the company’s discrepancies before he resigned last month.

The company has been involved in a series of scandals over the past year surrounding repeated misreportings of assets, which attracted the attention of authorities.

Kahlon “welcomes the interrogation and is fully cooperating with law enforcement officials,” reads a statement issued by Kahlon’s attorney, Nati Simchoni, on his behalf.

“We are sure that once the investigation is complete it will prove without a doubt that [Kahlon’s] reputation has not been tainted. Nobody can refute Mr. Kahlon’s integrity and moral path. He has been a public figure his entire life. As such, his time as chairman of Unet was also directed toward the benefit of the public,” the statement adds.

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