— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News

Police in Israel are preparing documents to have a Kenya-based firm charged over bribery, a move that could give the ongoing fight against corruption a new dimension.

Shikun and Binui, the parent company of Solel Boneh International (SBI) Holdings, is alleged to have engaged in various acts of bribery in Africa and particularly in Kenya where Israeli investigators focused on.

“Offences, they said, include bribery of a foreign public servant, misrepresentation of corporate documents, conspiracy, disruption of legal proceedings, money laundering and misreporting to authorities between 2008 and 2016,” added the Reuters report.

The police statement said that in Kenya alone, where their investigations were centred, “bribes totalling tens of millions of shekels were transferred, generating projects and benefits worth hundreds of millions of shekels”.

The company was contracted to make roads in Western Kenya, parts of Machakos and the Coast. The new Mau Summit Road that connects to Kericho to Kisumu was also made by the company.

Source: Israel to charge Kenya-based firm over corruption