Israeli tycoon Sammy Ofer found dead -media

Reuters News
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Posted: Jun 03, 2011 2:49 AM
Israeli tycoon Sammy Ofer found dead -media

TEL AVIV (Reuters) - Israeli shipping mogul Sammy Ofer, at the center of a scandal over business contacts with Iran, was found dead at his home on Friday, Israeli Channel 10 Television reported.

The United States last month imposed sanctions on the Ofer Brothers Group, accusing it of selling an oil tanker to Iran -- Israel's arch foe. Sammy Ofer and the company's co-owner, brother Yuli, denied any wrongdoing.

Sammy Ofer, 89, was one of Israel's richest men. Channel 10 did not say how he died and police did not have any immediate comment on the report.

(Writing by Maayan Lubell; Editing by Crispian Balmer)