After the president's decision: The parole committee will discuss the release of Nochi Dankner next week

The committee will discuss an early release next Thursday for the convicted businessman as part of the compromise of the shares in IDB Holdings. Last week, Rivlin decided to cut his sentence to four months in prison on that condition based on his medical condition

After the president's decision: The parole committee will discuss the release of Nochi Dankner next week

The parole committee will convene at Ma'asiyahu Prison to discuss next week's release of Nochi Dankner's convicted businessman as part of the run-up to the Dubai Holdings case. Just last week, State President Reuben Rivlin decided to shorten four months of his imprisonment to be sentenced to probation to be added to the prison sentence he was charged with.

The decision stated that it would "allow Dankner to stand before the parole committee as soon as possible, rather than face it as it should, in early May." Dankner's application for deletion of his criminal record was denied.

The decision was made based on Dankner's medical condition these days. This is after doctors have called in the President's office to provide a professional opinion on Dankner's condition. According to the decision, "these are medical circumstances that were not before the court when sentenced and which, according to medical opinion, were greatly aggravated during his imprisonment and necessitated urgent medical intervention."

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Dankner (Photo: Reuven Castro)

Nochi Danker enters Ma'asiyahu Prison October 2, 2018 (Photo: Reuven Castro)

Rivlin decided to shorten Dankner's sentence after last Thursday, the prosecutor's office informed his counsel that she had decided to close the case against him for lack of evidence. The nature of the suspicions and the details of the investigation are still subject to a prohibition order. The opening of the investigation in his case was allowed for publication at the request of Walla! NEWS, following which his request for early release was frozen and he was transferred from his actions to Nitzan Detention Center.

Justice Minister Amir Ohana signed the amnesty a month ago, but after the criminal investigation began in Dankner's case last month, the process was frozen. On Thursday, after the prosecutor's office announced that the case was closed, Minister Ohana signed the pardon again. The prosecutor's office objected, and despite her opposition, President Rivlin decided to approve the pardon for Dankner and did not listen to the prosecutor's recommendations.

Dankner began serving three years in prison on Oct. 2 last year after being convicted of a securities fraud in the "running" IDB shares. In addition to this, capital market man Iti Strum was sentenced to two years in prison under the affair.

The state president has shortened Nochi Dankner's imprisonment in four months

Shortened by four months. Rivlin (Photo: Avi Cohen)

President Reuben Rivlin and Knesset Speaker Yuli Edelstein in the reinstatement of the mandate for the Cabinet to impose a Knesset seat on the Knesset, which is being held at this time (Photo: Avi Cohen, image processing)

The two were sentenced by the Supreme Court in August 2018, after appealing the sentence sentenced by the Tel Aviv District Court two years earlier. On the other hand, the State Attorney's Office appealed and sought to impose a more severe sentence on them - and this was accepted, in the decision of Justices David Mintz, Neil Handel and George Read.

The ruling deals with the issuance of IDB shares in February 2012. Dankner and Strom acted so that Strum purchased through his company, ISP, a large amount of the shares offered to the public. This created an artificial demand that affected the share price. The company managed to raise NIS 321 million on the same offering, of which 62 million were purchased by controlling shareholders or stakeholders.

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