AGL 38.80 Decreased By ▼ -0.78 (-1.97%)
AIRLINK 129.80 Decreased By ▼ -1.42 (-1.08%)
BOP 7.15 Increased By ▲ 0.34 (4.99%)
CNERGY 4.62 Decreased By ▼ -0.09 (-1.91%)
DCL 8.42 Decreased By ▼ -0.02 (-0.24%)
DFML 41.00 Decreased By ▼ -0.47 (-1.13%)
DGKC 81.60 Decreased By ▼ -0.49 (-0.6%)
FCCL 32.75 Decreased By ▼ -0.35 (-1.06%)
FFBL 72.33 Decreased By ▼ -0.54 (-0.74%)
FFL 12.35 Increased By ▲ 0.09 (0.73%)
HUBC 109.85 Decreased By ▼ -0.89 (-0.8%)
HUMNL 14.10 Decreased By ▼ -0.41 (-2.83%)
KEL 5.08 Decreased By ▼ -0.11 (-2.12%)
KOSM 7.63 Increased By ▲ 0.02 (0.26%)
MLCF 38.40 Decreased By ▼ -0.50 (-1.29%)
NBP 69.57 Increased By ▲ 5.56 (8.69%)
OGDC 189.25 Decreased By ▼ -3.57 (-1.85%)
PAEL 25.50 Decreased By ▼ -0.18 (-0.7%)
PIBTL 7.45 Increased By ▲ 0.11 (1.5%)
PPL 150.45 Decreased By ▼ -3.62 (-2.35%)
PRL 25.39 Decreased By ▼ -0.44 (-1.7%)
PTC 17.34 Decreased By ▼ -0.47 (-2.64%)
SEARL 81.05 Decreased By ▼ -1.25 (-1.52%)
TELE 7.60 Decreased By ▼ -0.16 (-2.06%)
TOMCL 33.08 Decreased By ▼ -0.38 (-1.14%)
TPLP 8.33 Decreased By ▼ -0.16 (-1.88%)
TREET 17.03 Increased By ▲ 0.41 (2.47%)
TRG 57.62 Increased By ▲ 0.22 (0.38%)
UNITY 28.09 Increased By ▲ 0.58 (2.11%)
WTL 1.35 Decreased By ▼ -0.02 (-1.46%)
BR100 10,545 Increased By 40.3 (0.38%)
BR30 30,991 Decreased By -235.4 (-0.75%)
KSE100 98,543 Increased By 463.2 (0.47%)
KSE30 30,736 Increased By 176.9 (0.58%)

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.