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Israeli importer Diplomat Holdings Ltd. (TASE: DIPL) has notified the Tel Aviv Inventory Alternate (TASE) that, “On November 9, CEO and controlling shareholder Noam Weiman was questioned on suspicion of committing alleged violations of the Financial Competitors Regulation 1988. On the finish of the questioning not restrictions or situations have been positioned on Mr. Weiman.”
The assertion added, “The corporate believes that when the information turn into clear, the conduct of Mr. Weiman and the corporate have been with out blemish.”
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Competitors Authority raids Shufersal, Strauss workplaces
At first it was thought that Weiman was solely giving proof however it’s now obvious that he was questioned below warning.
Diplomat is one in every of Israel’s largest importers and distributors of meals and shopper items merchandise together with such worldwide manufacturers as Heinz, Milka, Mars, Jacobs espresso, Pringles, Starkist tuna, Kellogg’s, Crimson Bull, Past Meat and way more.
The Israel Competitors Authority investigation of Diplomat follows yesterday’s raids on the workplaces of Israel’s largest grocery store chain Shufersal Ltd. (TASE:SAE) and meals producer Strauss Group Ltd. (TASE:STRS). Shufersal CEO Itzik Abercohen was amongst senior executives questioned. Victory Grocery store Chain Ltd. (TASE: VCTR) founder and CEO Eyal Ravid additionally gave proof to the investigation.
Many extra executives are anticipated to be questioned as a part of the investigation within the coming days.
Presumption of innocence: These below investigation are solely suspects and have the precise to be presumed harmless.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on November 10, 2021.
© Copyright of Globes Writer Itonut (1983) Ltd., 2021.
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