Israel police recommend Hapoalim CEO indictment
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Israeli police recommended that the state prosecutor indict Bank Hapoalim Chief Executive Zion Kenan on breach of trust and fraud charges.
The police's fraud unit had been investigating Kenan and former Hapoalim chairman Dan Dankner over the approval of a loan extended to Dankner in 2008, when Kenan held a senior position at Israel's second-largest bank but was not yet CEO. (Reuters)