Israeli billionaire Beny Steinmetz and acting Bezeq CEO David Granot were among five individuals detained by police Monday morning in an international money laundering investigation centering around Steinmetz, a diamond and real estate magnate.
The five men are being questioned by the Israel Police’s Lahav 433 anti-corruption division and Swiss Police about allegations of largescale fraud, breach of trust, bribery, obstruction of justice and false registration of corporate documents.
It is suspected that the four men were working with Steinmetz in a systematic way in order to create and present false contracts and deals, mainly in the real estate sphere in foreign countries, in order to transfer money and launder money.
Police extended Steinmetz’s and Zilberstein’s detention to four days, but released Granot later in the day and permitted him to return to work.
Steinmetz denied every allegation in the court discussion on Monday. “I feel awful that the State of Israel is …