Former Knesset Member and Likud Official Suspected of Tax Evasion Worth Tens of Millions

A former Knesset member and senior Likud official is under investigation for allegedly evading taxes amounting to tens of millions of shekels. The suspect, who works as a contractor, has been undergoing bankruptcy proceedings since 2012. Alongside him, several businessmen were also detained for questioning by the National Economic Crime Investigation Unit (YALAK) of Lahav 433 and the National Unit for Bankruptcy and Economic Rehabilitation Investigations at the Ministry of Justice.

According to the investigation, the former Knesset member concealed ownership rights to various real estate assets valued at tens of millions of shekels and transferred assets while still under bankruptcy proceedings, violating his obligation to disclose and report his holdings. The police statement noted that the suspects operated in a sophisticated and systematic manner to hide their assets from authorities and amass large sums for themselves.

Following the transition to an open investigation and the detention of the suspects, significant property was seized to be confiscated as part of the ongoing legal process. The case highlights ongoing efforts by Israeli law enforcement to combat economic crimes involving high-profile individuals.