Israeli Police Seize Tens of Millions in Union-Linked Public Company Accounts
In a significant development in the ongoing investigation into the Histadrut labor federation's "Yad Lochachat Yad" affair, Israeli police seized tens of millions of shekels from the bank accounts of a public company and several senior executives linked to the union. The operation took place on Monday morning, July 6, 2026. Authorities plan to summon the implicated senior officials for questioning later this week at the National Fraud Investigations Unit. The investigation centers on alleged financial misconduct involving the Histadrut and its associated entities.
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