Yehoshua Ben-Zion (1924 – 2004) (Hebrew: יהושע בן ציון) was an Israeli banker. He served as the managing director of Israel-British Bank. Following the collapse of the bank in July 1974, owing British investors £46.6 million, Ben-Zion was convicted of embezzling £20 million ($39.4 million) from the bank. He was sentenced to 12 years in prison. After urging of the Israeli prime minister Menachem Begin in 1977, Ben-Zion was pardoned by the Israeli president Ephraim Katzir, on medical grounds. He was released after serving three years.
Born |
1924 Palestine
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Died |
2004 (aged 79)
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