Without derogating from the aforesaid, I would like to emphasize in parentheses that the aforesaid is also in view of the role of the bank, which is not an investigative authority, its actions or the duties imposed on it do not replace the authorities responsible for enforcing the relevant legislation, and it is not required to investigate and demand on the scale as is required and required of these authorities. Accordingly, I find it necessary to emphasize that my determination does not obviate the obligation to report lawfully to the competent authorities, in order for them to carry out more comprehensive examinations, to the extent they see fit. Once the aforesaid has been clarified, I will turn to examine the suspicions as they were in contrast to the documents and information as they were produced in the framework of the judicial proceeding.
- Thus, I am of the opinion that the suspicions regarding a relationship that is not clear or explained between the plaintiffs and their client companies have been removed - including the division of activity between the plaintiffs and their clients has also been clarified, and the suspicion of a connection between the client companies between them and themselves has been removed , and this has been removed when evidence and information were presented in the framework of the legal proceeding as follows:
First, a letter dated July 17, 2017 signed by the CEO of Paragon EX was forwarded to which was attached the current list of shareholders in Paragon EX, the tree of companies related to Paragon EX, an explanation regarding the MPF acquisition agreement and its cancellation, including supporting documents, Paragon EX's audited financial statements for the years 2015 and 2016, confirmation that the company has no relationship with the UFX companies, Rialentco and MPF, in addition to being customers of its subsidiaries, confirm that the company does not provide services to customers connected to enemy countries, directly or indirectly, including Iran, Lebanon and Syria, and Form 901.5 regarding the payment of taxes which was attached as an appendix to the application.