Iran Owns 5% Of The German Company That Is Building Submarines For Israel

Prime Minister Benjamin Netanyahu on the Rahav submarine, the fifth sub in the Israeli fleet, January 2016. Baz Ratner/Reuters

Times of Israel: Report: Iran owns 4.5% share in German company building Israeli subs

Defense Ministry denies knowledge of revelation, which comes as police probe possible conflict of interest by PM’s personal lawyer who represented ThyssenKrupp in Israel

An Iranian government company owns 4.5 percent of the German shipbuilding company at the center of a scandal over its provision of submarines and other services to the Israel Navy, the Hebrew-language newspaper Yedioth Ahronoth reported Friday.

Attorney General Avichai Mandelblit last week ordered the police to look into allegations that Prime Minister Benjamin Netanyahu’s personal lawyer, David Shimron, used his close relationship with the premier to push Israel to purchase several submarines from ThyssenKrupp, award the company a contract for naval vessels to defend Israel’s gas fields, and allow it to build a shipyard in Israel. Shimron was a representative of the company in Israel.

Channel 2 television said that the police inquiry — which is not yet a full-blown investigation — would focus not on the multi-billion-shekel purchase of three Dolphin submarines from the Germany company, which has dominated the headlines, but rather on a separate 2014 Defense Ministry tender for naval ships, also involving ThyssenKrupp, to protect Israel’s Mediterranean natural gas field.

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WNU Editor: I am more surprised that the German government permitted an Iranian government owned company to invest in this German defense contractor.

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