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Employee's gambling related embezzlement backfires at Israeli minister

Avraham Hirchson, the finance minister of Israel, announced that he will temporarily suspend himself from the post, while the Israeli police investigates a gambling debt related embezzlement case in his department.

Hirchson gambling scandalHe is also under investigation for failing to report the case. The former employee of the finance department told Hirchson in 2003 that he had taken over $1.3 million to cover a gambling debts. The Israeli finance minister, although firing the employee, did not report the missing funds.

According to his attorney, Hirchson stepped down temporarily to help clear his name out of the fraud, and to avoid future accusations that he may have influenced the current investigation. There is no official statement from the Israeli Ministry of Finance at this time.

04/22/2007

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