AGL 42.11 Increased By ▲ 3.57 (9.26%)
AIRLINK 128.50 Decreased By ▼ -1.00 (-0.77%)
BOP 6.21 Increased By ▲ 0.60 (10.7%)
CNERGY 4.05 Increased By ▲ 0.19 (4.92%)
DCL 8.49 Decreased By ▼ -0.24 (-2.75%)
DFML 40.78 Decreased By ▼ -0.98 (-2.35%)
DGKC 87.74 Decreased By ▼ -0.56 (-0.63%)
FCCL 34.15 Decreased By ▼ -0.85 (-2.43%)
FFBL 66.00 Decreased By ▼ -1.35 (-2%)
FFL 10.53 Decreased By ▼ -0.08 (-0.75%)
HUBC 108.60 Decreased By ▼ -0.16 (-0.15%)
HUMNL 14.69 Increased By ▲ 0.03 (0.2%)
KEL 4.66 Decreased By ▼ -0.09 (-1.89%)
KOSM 7.25 Increased By ▲ 0.30 (4.32%)
MLCF 42.55 Increased By ▲ 0.90 (2.16%)
NBP 62.25 Increased By ▲ 2.65 (4.45%)
OGDC 179.30 Decreased By ▼ -3.70 (-2.02%)
PAEL 25.79 Decreased By ▼ -0.46 (-1.75%)
PIBTL 6.05 Increased By ▲ 0.08 (1.34%)
PPL 146.00 Decreased By ▼ -0.70 (-0.48%)
PRL 23.93 Increased By ▲ 0.32 (1.36%)
PTC 16.40 Decreased By ▼ -0.16 (-0.97%)
SEARL 70.00 Increased By ▲ 1.70 (2.49%)
TELE 7.24 Increased By ▲ 0.01 (0.14%)
TOMCL 36.18 Increased By ▲ 0.23 (0.64%)
TPLP 7.85 No Change ▼ 0.00 (0%)
TREET 15.59 Increased By ▲ 1.39 (9.79%)
TRG 50.45 No Change ▼ 0.00 (0%)
UNITY 26.90 Increased By ▲ 0.15 (0.56%)
WTL 1.24 Increased By ▲ 0.03 (2.48%)
BR100 9,813 Increased By 7.3 (0.07%)
BR30 29,656 Decreased By -21.6 (-0.07%)
KSE100 92,228 Decreased By -76.7 (-0.08%)
KSE30 28,740 Decreased By -100.3 (-0.35%)

Israeli authorities said on Tuesday they were examining the 2005 privatisation of Bank Leumi after Israeli media raised new corruption allegations against Prime Minister Ehud Olmert related to his role in the sale.
An Israeli Web site said Olmert as finance minister at the time tried to help two overseas-based businessmen, whom it described as his personal friends, in the bidding for Israel's second largest bank. Olmert's office declined to comment.
The Justice Ministry released a statement it said was specifically "in response to reporters' queries after the report on the Web site News First Class". "At this stage, no decisions have been taken, no criminal proceedings of any kind are under way in the matter and police are not involved," the ministry said. Neither of the businessmen purchased the bank. Its controlling interest was sold in 2005 to US investment group Cerberus-Gabriel for 2.47 billion shekels ($540 million).
Israel's main government watchdog, the State Comptroller's Office, is already looking into the terms of Olmert's purchase of a Jerusalem apartment in 2004 and whether he appointed cronies to a business authority that year.

Copyright Reuters, 2006

Comments

Comments are closed.