"Bank Hapoalim has an extensive and professional management that guarantees its ability to continue to operate without interruption despite this event," the regulator said in a statement. The fraud unit in March questioned Dankner about his role as director and chairman of Hapoalim from 2005 through 2009. The police said in a statement at the time there were "apparent suspicions that Mr. Dankner committed felonies related to ethical breaches". In April Dankner was arrested in connection with an alleged bribery scandal in a Jerusalem luxury housing project. Dankner stepped down as chairman of Hapoalim in 2009 after a two-month battle with banking regulators who demanded his resignation. At the time, the Bank of Israel said it was unhappy with disagreements between Dankner and former chief executive Zvi Ziv that led to Ziv's resignation. Ziv was replaced by Kenan.