Report: Germany Postpones Submarine Deal with Israel Amid Corruption Probe
The signing of a memorandum on the sale of three submarines between Germany and Israel was postponed on Tuesday in the wake of a corruption probe regarding the acquisition of the submarines
IsraelDefense
| 18/07/2017
Photo Credit: IDF
The signing of a memorandum of understanding on the German sale of three submarines to Israel has been postponed, a National Security Council official said.
The announcement came following a report in the Israeli daily Yedioth Ahronoth that Germany postponed the signing of the memorandum in light of Israel's investigation into possible corruption in the deal. According to the report, the signing of the memorandum was meant to take place next week in Germany, but the event has been postponed indefinitely.
Several senior officials were arrested on suspicion of bribery and fraud in the affair, dubbed Case 3000. The case involves two transactions to upgrade the Israeli navy: one for the purchase of three submarines, the other for the acquisition of missile boats.
Last month, the Der Spiegel weekly reported that Germany's National Security Council authorized the sale of three submarines to Israel. According to the report, the German government included a clause in the agreement allowing it to cancel the deal if the allegations in "Case 3000" prove to be true.
[Source: Haaretz]
The signing of a memorandum on the sale of three submarines between Germany and Israel was postponed on Tuesday in the wake of a corruption probe regarding the acquisition of the submarines
Photo Credit: IDF
The signing of a memorandum of understanding on the German sale of three submarines to Israel has been postponed, a National Security Council official said.
The announcement came following a report in the Israeli daily Yedioth Ahronoth that Germany postponed the signing of the memorandum in light of Israel's investigation into possible corruption in the deal. According to the report, the signing of the memorandum was meant to take place next week in Germany, but the event has been postponed indefinitely.
Several senior officials were arrested on suspicion of bribery and fraud in the affair, dubbed Case 3000. The case involves two transactions to upgrade the Israeli navy: one for the purchase of three submarines, the other for the acquisition of missile boats.
Last month, the Der Spiegel weekly reported that Germany's National Security Council authorized the sale of three submarines to Israel. According to the report, the German government included a clause in the agreement allowing it to cancel the deal if the allegations in "Case 3000" prove to be true.
[Source: Haaretz]
