Reply #43: Leumi Bank was/is embroiled in money laundering? Embezzlement?

[Emit]

First, see posts 20 and 39 for reference

This appears to precede the acquisition of the Bank by Cerberus:

Bank Leumi reveals names of secret customers

Dozens of European millionaires are shocked as Israel Police ask them to testify at trial of Bank Leumi clerk accused of theft. Existence of their accounts should be confidential, they say, but police claim testimonies reveal these accounts as being un-kosher
Buki Naeh


Dozens of the world's richest are facing charges in their countries and might have to fork out millions to their governments after Bank Leumi , Israel Police and the State Prosecutor's Office exposed their secret bank accounts to charge a local clerk of embezzelment.


According to a report by the Tel Aviv Fraud Unit, the money was probably "not kosher and possibly laundered."

The bank was reluctant to hand over to the police and court the list of names for fear that the bank would lose the customers' trust and money. Eventually the bank did give them the list so that they could charge the clerk who, according to the bank, embezzled money.

Zahava Bason (57) from Yehud has been working in the central branch of bank Leumi for 30 years. Among her responsibilities were the accounts of dozens of foreign residents. According to the indictment, Bason abused her power, stole from these accounts and received bribes from the account owners. ~snip~

And, on a side note:

Harsh Allegations

Police to look for criminal aspect in Leumi affair / Aviram Zino

Prime Minister Olmert allegedly committed bribery offenses in tender for sale of bank's controlling shares. On Sunday evening, following discussion held in State Prosecutor's Office, meeting participants decide police will check whether criminal investigation should be launched ...

Both articles:

http://www.ynetnews.com/Ext/Comp/ArticleLayout/CdaArticlePrintPreview/1,2506,L-3359463,00.html