A South African investigative unit is assisting Israeli officials in probing whether money laundering was involved in a controversial loan by businessman Cyril Kern to Israeli Prime Minister Ariel Sharon. According to the Cape Times newspaper, the money reached Israel via bank accounts in Australia and New York. A spokesman for South Africa’s Justice Ministry said the probe would focus on why the money did not go directly to Israel.
JTA has documented Jewish history in real-time for over a century. Keep our journalism strong by joining us in supporting independent, award-winning reporting.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.