Israeli former PM to serve as weapon deal dispute mediator

Source: Xinhua| 2018-07-03 05:07:26|Editor: yan
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JERUSALEM, July 2 (Xinhua) -- Former Israeli Prime Minister Ehud Olmert, who was released a year ago from jail, has been hired as a mediator in weapon deals dispute, the Israeli financial website "Globes" revealed Monday.

The dispute Olmert will deal with is between Georgian arms company Shinadze and Israeli arms company Milo, owned by Roni Milo, former mayor of Tel Aviv, the largest city in Israel.

In January 2017, Shinadze sued Milo in Israeli court, claiming that in 2015, after 7 years of cooperation, Milo decided to stop cooperation and not to promote further deals through Shinadze.

The lawsuit alleges that Milo owes Shinadze several million new shekels in respect of deals worth tens of millions of shekels, which Milo denies.

Milo claims that it acted in accordance with the agreements between the parties and Shinadze changed ownership in the company without notification.

On the judge's recommendation in the case, the two sides agreed to a mediation process, and turned to Olmert.

Olmert was released from jail after serving 16 months for bribery and obstruction of proceedings.