Former Finance Minister Avraham Hirchson
has been released from the Hermon Prison after three and a half years behind bars. Last month, a Parole Board decided to commute
his five-year sentence. In 2009, the former minister was convicted
for stealing NIS 2.3 million from the National Labor Federation and Nili Association.
Upon his release, Hirchson said he wishes to thank God, his family and friends for their support and added, "as for the rest, I will say whatever I want to say in due time."
Hirchson leaves prison (Photo: Hagai Aharon)
Hirchson was convicted of larceny, executive theft, fraud, breach of trust, illicitly obtaining funds, money laundering and falsifying corporate documents by the Tel Aviv District Court in 2011, and was acquitted of two counts of the indictment.
In 2011, the Supreme Court denied Hirschson's appeal
on his conviction and sentence, ruling that Hirchson's conduct was "In contradiction not only with financial realities but also with reasonable common sense.