Breaking Update

Mall owner suspected of hiding NIS 2M income

Jerusalem mall owner Einad Abu Ramila is under investigation for allegedly hiding NIS 2 million in rental income from apartments and shops over 10 years.

Public

The Tax Authority, through the Jerusalem and Southern Investigations Tax Assessor, is conducting an investigation against Einad Abu Ramila, a renovation contractor and business owner in East Jerusalem, suspected of not fully reporting his income to the tax authorities. 

The arrest request reveals that the suspect owns a building with 10 residential apartments for rent located in the Old City of Jerusalem, and additionally possesses 6 shops located in the Hador Mall in the Talpiot neighborhood. As part of the investigation, testimonies were taken from the tenants of the apartments and shops, from which it emerged that the suspect receives rental payments in cash and does not issue invoices and receipts to the tenants, in order to avoid reporting to the tax authorities. Furthermore, from the testimony of his lawyer, it emerged that the suspect did not report income from renting residential apartments at all, only income from one business which he did report.

Yesterday, the investigation concerning the suspect became public, and searches were conducted and documents and computer materials were seized from the suspect’s home and business.

The investigation findings indicate that the suspect did not report his full income from renting apartments and commercial properties for a period of 10 years (2016 – 2026) amounting to approximately 2 million [currency not specified]. 

The suspect was brought before the Jerusalem Magistrate’s Court today and released under restrictive conditions. The investigation is ongoing.

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