Israel to charge drone maker executives with fraud
Aug. 29, 2018
JERUSALEM (AP) — Israeli prosecutors say they plan to charge executives of an Israeli drone company with fraud and export violations concerning its dealings with a "significant client."
A Justice Ministry statement said Wednesday that after an almost yearlong investigation the State Attorney's office summoned top Aeronautics Ltd. officials, including its chief executive, for a hearing pending indictment.
Most details of the case remain under gag order.
The company said in a statement that there was no basis for criminal proceedings.
Last year, the Defense Ministry suspended some of Aeronautics Ltd.'s export licenses to a client abroad. Israeli media identified the client as Azerbaijan.
Reports at the time said the move came following a complaint that an explosives-laden suicide drone landed near a military post in neighboring Armenia during a demonstration.