UPDATE 1-Israel's Bezeq seeks new board members amid police investigation [Reuters]
B COMMUNICATIONS (BCOM)
US:NASDAQ Investor Relations:
bcommunications.co.il/investor-relations/financial-reports
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Source: Reuters
Israel's Bezeq seeks new board members amid police investigation | Reuters 3 Min Read TEL AVIV (Reuters) - The parent company of Bezeq Israel Telecom ( BEZQ.TA ) is seeking to appoint new board members to replace three directors who submitted resignations amid a police investigation of fraud and other securities offences. The resignations were sought by minority shareholders in the wake of the investigation by Israel’s markets regulator last year. The probe threatens to create a power vacuum at Israel’s largest telecoms group. Former Bezeq chairman Shaul Elovitch said he would step down from the board as would his son and daughter-in-law, parent company B Communications (Bcom) ( BCOM.TA ) said on Monday. Elovitch, a family friend of Prime Minister Benjamin Netanyahu, who controls Bezeq through Bcom parent Eurocom, was arrested last week along with his wife and son. Bezeq CEO Stella Handler was also arrested last week in connection with the Bezeq investigation over allegations incl
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