Israel - An Israeli court has sentenced the former chairman
of a major Israeli bank to a year in prison following his conviction on charges
of fraud and breach of trust.
Danny Dankner served as chairman of Bank Hapoalim between
2007 and 2009 and in October confessed in a plea deal to the charges against
him.
He was convicted of lying about his personal wealth, promoting bank deals
that would benefit his personal business partners and obtaining a loan from
Dutch bank DHB by trickery.
The court sentenced Dankner on Thursday to a year in prison
and a 1 million shekel ($285,000) fine.
In 2009, Dankner was forced to step down under unprecedented
pressure from the Bank of Israel and was arrested shortly afterward.
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