Lev Leviev Allegedly Committed Charity Fraud

In 2012, in the course of the hearings in front of the High Court of Justice of London where Arcadi Gaydamak sued Lev Leviev who fraudulently denied the existence of the Trust Agreement by which Lev Leviev had the obligation of trust towards Arcadi Gaydamak, the Justice Lord Jeffrey Vos (who is a Jew) said to Leviev at the beginning of the trial that Lev Leviev is widely known in the world as one of the biggest financial contributors to the Jewish communities and then asked Lev Leviev how much he contributes to the Jewish philanthropy.

Leviev cast down his eyes and replied that, in accordance with the Jewish tradition that he respects, the amount of “TZEDAKA” should not be proclaimed publicly by the contributor, and then Leviev wrote some figures on a paper and presented it only to the judge’s eyes.

The Justice Lord Vos, by his body language, was really impressed.

There is no doubt that this event that by no means should normally influence the “discovery of the truth”, nevertheless, has influenced the opinion of the Justice Vos concerning Leviev.

However, Leviev did not precise that all his so-called contributions are made by fraud from the account of the public company “Africa-Israel” where Leviev is a major shareholder, therefore, the so-called Leviev’s contributions that he widely advertises are, in reality, paid by the shareholders who are mainly pension funds, with the money of the pensioners, and to whom “Africa-Israel” never reimbursed their investments.

Leviev also did not precise to the Justice Lord Vos and generally that all his so-called contributions are destined specifically for the Federation of the Jewish Communities of FSU where Leviev is a Head and where the so-called spiritual leader is Rabbi Berel Lazar.

In exchange for this financing is Rabbi Berel Lazar blindly supports all frauds of Leviev who, in order to commit his frauds, has built for himself an artificial image of the man who respects the rules of Torah.

The representative of “Africa-Israel” bondholders Dan Avnon stated: “We find it’s unacceptable that “Africa-Israel” that hasn’t been able to repay money to its creditors is making donations to third parties”.

Then, the public company “Africa-Israel”, in order to cover and justify Leviev’s frauds, issues official statements full of arrogance, such as: “Africa-Israel” sees itself as committed to active involvement in society and the community in which it operates together with its businesses, operations and entrepreneurship.

In this spirit, all of “Africa-Israel” subsidiary companies undertake a wide range of community activities in the countries they operate, which is expressed among other ways in money donations and voluntary activities”.

This arrogant official statement of the public company “Africa-Israel” is the obvious evidence that Leviev, in order to build his artificial image of the “Philanthropist N° 1” , is stealing from the public company and using not his own money but public money in his own interests.

As in many other similar cases of severe breach by Leviev and “Africa-Israel” of law and regulations imposed to the public companies, the Stock Exchange Regulator is strangely silent.

Thus, in the course of the hearings in the High Court of Justice in London, Leviev, in order to obtain a favorable opinion about himself, lied to the Justice Lord Vos concerning Leviev’s so-called contributions to the Jewish community.

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