3 israeli companies to be indicted for selling missiles to China

The Financial Department of the State Prosecutor’s Office informs 10 individuals and three companies that they will be indicted on serious security offenses linked to selling missiles to China without approval.

According to the State Prosecutor’s Office, the deal in question was brokered by Ephraim Menashe, an Israeli drone entrepreneur and founder of the Solar Sky company, who then hired Tzvika and Ziv Naveh, owners of the Innocon drone company, and other unnamed suspects.

“The suspects were investigated as part of a large-scale security case, in which it was suspected that they manufactured, brokered, and exported cruise missiles for military use, without a permit,” say prosecutors.

The suspects will be summoned to a pre-indictment hearing before facing a range of charges, including security offenses, weapons offenses, money laundering, violating the Defense Export Control Law and more.

The Defense Ministry’s Defense Export Controls Agency, established in 2006, manages the export and licensing of all Israeli-made defense equipment and technologies, and relevant companies are required to apply for a permit before brokering any overseas deals.