The Jerusalem Magistrate’s Court accepted the request of the Value Added Tax (VAT) and Customs Control Department in Jerusalem, ordering the release of 56-year-old S.S. of Jerusalem with restrictions. S. is suspected of failing to report income in the amount of NIS 68 million, owning the VAT Authority NIS 10 million. In addition, he is suspected of distributing tax invoices in a similar amount.

According to the request for detention, the Jerusalem Customs and VAT Department is conducting an investigation against the suspect, who is the actual manager of the Tor and Gil 2010 Company on suspicion of hiding income of the two companies in the amount of NIS 68 million and distributing fictitious invoices in a similar amount.

It is reported the company was opened by the suspect’s brother and registered in May 2015 in the name of a son of the suspect because the suspect had declared bankruptcy.

From the investigation material there is prima facie evidence linking the suspect to the commission of the offenses attributed to him and the version he provided even strengthens the suspicions.

Jerusalem Magistrate’s Court Judge Oren Silverman ordered, among other things, a self-guarantee in the amount of NIS 500,000, a third-party guarantee in the amount of NIS 200,000, a cash deposit of NIS 50,000, in addition to prohibiting him from leaving the country for 180 days and other restrictions not detailed in the report.

(YWN Israel Desk – Jerusalem)