Former Minister Moshe Kahlon convicted of securities offenses as part of a plea deal
[77385] Former Minister Moshe Kahlon convicted of securities offenses as part of a plea deal
The District Court convicted former Finance Minister Moshe Kahlon of a reporting offense in the context of the Yunet Credit affair. The agreement includes a financial fine, a suspended prison sentence, and a restriction on serving as an officer.
Former Minister Moshe Kahlon convicted of securities offenses
As part of a plea deal, former Finance Minister Moshe Kahlon was convicted today (May 31, 2026) of a reporting offense under the Securities Law. The conviction relates to his term as chairman of the public company "Yunet Credit," as reported by Amit Segal and other sources.
According to reports by News from the Field on Telegram and Dafna Liel, as part of the agreement, the parties requested that a suspended prison sentence be imposed on Kahlon, a financial fine of 180,000 NIS, and a restriction on serving as an officer in a public company for 18 months from the date of the sentencing.
The State Attorney's Office issued an official statement on the matter, as published on 12 Corner 99, confirming the conviction based on Kahlon's admission. At the same time, ynet news and War Room noted that the final sentence is expected to be handed down later today, as the legal system closes this chapter in the highly discussed financial affair.
This is a case that sparked great interest due to Kahlon's high-ranking public background as Finance Minister. The various media outlets covered the event objectively and reportorially, without substantial disagreements between the various sources regarding the details of the agreement.