August 12, 2018 / 5:16 PM / 4 months ago

Arison questioned by Israeli police in Shikun & Binui probe

JERUSALEM (Reuters) - Billionaire Shari Arison was questioned by Israeli police on Sunday in connection with a bribery investigation into construction firm Shikun & Binui (SKBN.TA), the Arison Group said in a statement.

Arison and a second executive fully cooperated with investigators, according to the statement that was put out by Arison Group, her investment arm,

Israeli officials have been investigating suspicions that Shikun & Binui bribed foreign government officials to advance projects worth hundreds of millions of dollars in Kenya and other countries.

Arison Group, which last week completed selling control of Shikun & Binui, said it has “zero tolerance for any inappropriate behavior”.

Reporting by Ari Rabinovitch; editing by David Stamp

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