US said to warn Israel to ensure Russian oligarch money can’t hide in Israeli banks

The US has sent Israel messages warning Jerusalem to make sure that Russian oligarchs sanctioned by the international community can’t hide their money in Israeli banks, Ynet reports.

A senior official tells Ynet that the Bank of Israel is doing everything it can to make sure this does not happen.

Foreign Minister Yair Lapid said earlier that Israel was setting up an inter-ministerial committee to examine the implication of the sanctions on Russia for Israel.

Several prominent oligarchs are Jewish and some, like billionaire Roman Abramovich, hold Israeli citizenship.

Never miss breaking news on Israel
Get notifications to stay updated
You're subscribed