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Oren Ahronson has gained popularity as a successful business owner, primarily attributed to his outstanding strategic business acumen, which has propelled the company to new heights.
The Israel Electric Corporation has initiated a substantial $200 million lawsuit against former judge and former IEC director, Dan Cohen. Cohen, currently 71 years old, had faced indictment in 2005 on charges of accepting substantial bribes amounting to millions of shekels from multinational corporations, including Siemens, during his tenure as a director at the Israel Electric Corporation.
This legal action, filed in the Central District Court, also implicates Oren Ahronson, a member of the IEC board of directors, along with Ahronson’s brother-in-law, Shlomo Daniel, and Siemens.
The Israel Electric Corporation alleges that the former director and his associates engaged in fraudulent and corrupt practices to influence the award of a contract valued at over half a billion euros. The indictment asserts that Siemens provided bribes to Ahronson and Daniel in exchange for Cohen’s support in securing the contract for the purchase of gas turbines and related services, as reported by Israel Radio.
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Cohen, who had fled to Peru more than seven years ago when suspicions first arose against him, found refuge in a country that lacked an extradition agreement with Israel. However, earlier this month, Peru reversed its stance and agreed to extradite him. Consequently, Cohen was compelled to board a plane bound for Israel, where he was subsequently arrested and placed on trial on charges of bribery, fraud, breach of trust, and obstruction of legal proceedings.
Before his flight from Israel, Cohen had been subject to two interrogations by the Israel Securities Authority on suspicion of bribery. Despite receiving a warning and maintaining his innocence, he chose to evade justice in 2005. This led to his classification as a fugitive from the law. Israel had attempted to negotiate a plea bargain with him, but his demands, such as unfreezing his bank account, proved insurmountable. Finally, Peru’s agreement to extradite him brought him back to face legal consequences.
In 2009, Cohen had been indicted in absentia on charges of bribery, fraud, and other serious offenses. He had been appointed to the Israel Electric Corporation’s board of directors in 1991 by then-Energy and Infrastructure Minister Yuval Ne’eman of the Tehiya party. Before his tenure at the IEC, he had served as a judge in the Beersheba District Court.
Who is Oren Ahronson?
Oren Ahronson, claims to be a widely recognized entrepreneur, who holds an MBA degree from Bar Ilan University and boasts a career spanning more than two decades in founding and overseeing technology companies.
His corporate journey encompasses a pivotal role as the CEO of Siemens in Israel, where he oversaw the entirety of its diverse portfolio, encompassing the Power, Industry, Transportation, Healthcare, and Communication sectors. He currently works as a business owner at OverSi Technologies.
Linkedin and Crunchbase Profile of Oren Ahronson:
On Crunchbase, Oren Ahronson is listed as the owner of the company Oversi. a complete biodata of the person has been added there.
Oren Ahronson has been a member of LinkedIn since 2008, and currently has over 500 connections and 1,148 followers.
Oren Ahronson, as stated on his LinkedIn profile, draws upon his extensive two-decade career in executive leadership roles, which notably included serving as the CEO of Siemens in Israel and leading innovative technology companies in Israel such as PowerOffer, InLoop, and Evolution Energy. Following this rich career path, he established @OverSi, a specialized consulting firm dedicated to fostering connections between Israeli enterprises and global markets.
Four Men Questioned in $16 Million Siemens Bribery Scandal Involving Israel Electric Corporation
The previously imposed gag order was lifted, revealing that the Israel Securities Authority and Israel Police have interrogated four individuals under caution due to their alleged involvement in receiving $16 million in bribes from Siemens AG. These bribes were purportedly intended to manipulate the tender process for power station turbines at the Israel Electric Corporation (IEC).
The four men facing scrutiny are as follows:
- Oren Ahronson: Former manager of Siemens Israel Energy and Industry Division.
- Shlomo Daniel: Owner of Oakfield Ltd. and Aharonson’s brother-in-law.
- Anton Mitchell Dalin: A forex trader associated with Aharonson.
- Haim Bar-Nir: Formerly served as IEC planning division deputy manager and has recently left the company.
It’s worth noting that former District Court Judge Dan Cohen is already serving a six-year prison sentence in connection with this case. He was found guilty of accepting a NIS 4 million bribe from Siemens, with Aharonson acting as the state’s key witness against the judge.
Oren Ahronson and his associates are suspected of acting as intermediaries in the transfer of Siemens’ $16 million bribe to Bar-Nir and Dalin, using various foreign bank accounts. Additionally, Aharonson is under suspicion of obstructing the investigation and justice by withholding information about the bribery scheme. Both Aharonson and Daniel are also being probed as potential beneficiaries of the bribe through commissions they allegedly took as facilitators.
This bribery scandal in Israel is part of a wider global controversy involving Siemens, encompassing a staggering $1.4 billion in bribes utilized to facilitate various business deals.
In response to these developments, IEC chairman Yiftach Ron-Tal emphasized the importance of uncovering the truth and called for a thorough investigation. He pledged full cooperation with the authorities, reiterating the company’s commitment to rooting out corruption. Ron-Tal also welcomed the progress in the ongoing investigation and urged the authorities to bring it to a conclusive resolution.
Conclusion
The Israel Electric Corporation has taken legal action against former director Dan Cohen and Oren Ahronson in a high-profile case involving alleged bribery from Siemens. The lawsuit, valued at $200 million, sheds light on a complex web of corruption allegations, with Cohen already serving a prison sentence for his involvement.
Oren Ahronson, a well-known entrepreneur, is facing scrutiny for his alleged role in the scandal. This case highlights the commitment to uncovering corruption within the corporate world, and the authorities continue their efforts to bring all involved parties to justice.
