Legal Advice

Pocket Money, Loans and Millions for Legal Advice: Has Netanyahu’s Wallet Finally Been Found?

Before diving into the alleged ties among Benjamin Netanyahu, Nathan Milikowsky and the German organization ThyssenKrupp in regard to the so-called submarine affair, there are critical inquiries to be asked approximately the top minister’s relations together with his cousin and taxes. Milikowsky has for many years given Netanyahu massive amounts of cash, similarly to six-figure contributions to the prime minister’s criminal defense fund and loans amounting to hundreds of lots of greenbacks. The men have been added in business collectively, co-proudly owning a production employer until Milikowsky purchased Netanyahu’s stake for 16 million shekels ($four.440 million).

Here’s what we know about the only way money trail among Milikowsky and Netanyahu: Milikowsky has been assisting Netanyahu for years, giving him numerous thousand greenbacks in cash every few weeks. Netanyahu told this to investigators for the so-referred to as Case 1000, regarding allegations that he time-honored illegal items from rich businessmen. By way of explaining how he paid for a number of the cigars allegedly furnished by using Hollywood manufacturer Arnon Milchan, Netanyahu stated he used cash that his generous cousin Nathan gave him. The high minister advised detectives it changed into a part of a circle of relatives tradition that started out whilst Milikowsky’s father helped to guide his personal father. Milikowsky confirmed the tale. As said currently, Netanyahu and Velikovsky had joint ownership of stock in Seadrift Coke, a Texas-based totally producer of petroleum needle coke. If Netanyahu’s model is credible, he acquired the shares in 2007, whilst he was the chairman of the opposition within the Knesset and sold them to his cousin in November 2010. Only in Netanyahu’s lexicon can someone who does business with him to the track of sixteen million shekels be characterized as a relative who presents him with coins as a part of “financial guide.” Anyone who can see instantly would be aware that Netanyahu isn’t needy, and Milikowsky is no philanthropist. Netanyahu is a high minister and Milikowsky is a capitalist — and they’re business companions.

In 2009 Netanyahu requested, and obtained, permission from a committee inside the State Comptroller’s Office to just accept a mortgage from Milikowsky for a tax debt. The scope of the debt, and of the mortgage, aren’t regarded. Netanyahu refuses to publicly divulge those figures.

Israel Channel 13 News mentioned this week that when Milikowsky bought Netanyahu’s stake in Sea Drift Coke in November 2010, $a hundred seventy-five,000 became deducted from the payment to Netanyahu. Associates of the high minister said this turned into to pay off the loan that was authorized by means of the State Comptroller’s Office in 2009, and that the tax debt became owed on a dividend issued by way of Seadrift to shareholders, such as Netanyahu. There is a motive to question this account, but there may be absolute confidence that Netanyahu borrowed at the least $a hundred seventy-five,000 from Milikowsky. Before Netanyahu approached the approvals committee in the State Comptroller’s Office, Milikowsky had already given the prime minister’s attorneys $300,000 closer to Netanyahu’s felony prices. Netanyahu desires to increase this amount to $1 million. There is a reason to question Milikowsky’s largesse. Why could he deliver a lot to the top minister? How can we make sure that these price range, ostensibly for Netanyahu’s prison fees, are in reality a donation and now not a part of the 2 men’s enterprise relationship? The approvals committee has in impact determined that it cannot distinguish between Milikowsky the donor and Milikowsky the business associate. The committee didn’t simply say this, it essentially shouted it out in a decision that turned into like an alarm bell aimed toward the police, the lawyer standard’s office, the authorities — and the tax government. Are the tax authorities not fascinated while enterprise companions, one in all which is the high minister, explicitly admit to passing coins, described as donations or as “allowance cash,” among them for years?

The maximum suspicious element of the Netanyahu-Milikowsky dating is the high minister’s dissemination of false data, in a clear and blatant attempt to disguise this courting from the public. Perhaps this has to do with Netanyahu and Milikowsky’s enterprise relationship with the ThyssenKrupp dealer GrafTech. The efforts to hide the overall nature of those relations is every other reality that ought to be placed off red caution bells to the tax authorities. When it became first published, in 2017, that Milikowsky turned into the owner of one in all ThyssenKrupp’s providers, Netanyahu said he had nothing to do with the commercial enterprise dealings of his relative and that he had never mentioned this with him. Netanyahu’s first version became out to be untrue while the approvals committee exposed approximately a month in the past that he had inventory in Milikowsky’s firm. Netanyahu’s advocates have now provided model No. 2, consistent with which he purchased the inventory while he was a private citizen, this is previous to 2002. This version also doesn’t hold up. The Marker said on Friday that the organization in which Netanyahu held stock became based in 2005 — while he became the finance minister. Netanyahu adhered to this model for 3 days, until Monday. Then, in response to a video distributed by means of Kahol Lavan, the electoral alliance of Benny Gantz and Yair Lapid, he issued a third model. In it, he said he sold the shares in 2007, whilst he changed into the head of the opposition. The frequent changes to the story of the inventory possession show that he is aware of something is fishy. The contradictions are apparently now not handiest in statements to the media however additionally inside the numerous versions given to the approvals committee. When Netanyahu asked for permission to get hold of finances from Milikowsky, he supplied him as definitely a relative, a donor inspired with the aid of generosity. The committee should have investigated the history of Netanyahu’s previous requests, which had defined their dating in entirely distinctive terms. So who is Nathan Milikowsky to Netanyahu? A donor or an enterprise accomplice? Cousin or deep pocket? These are the questions that should situation the tax government. “Nathan Milikowsky and the prime minister in no way did any accounting among them, and the try to create the appearance as though any business accounting changed into done between them is false and ridiculous,” Amit Hadad, an lawyer for Netanyahu, stated in response. Sara Netanyahu, the high minister’s wife, stated she and her husband are not within the habit of sporting credit score playing cards.

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