Israeli olive oil dispute

There is a tumult in Israel regarding a cheap brand of olive oil (under 20 shekel), that according to the Israeli Standard Institute, is not pure olive oil.
The Israeli Yated and Hamodia differ on its' possible kashrut.
The Yated saying it's kosher; while the Hamodia quotes rabbonim as removing the hechsher because there were high levels of soy oil mixed in.
The name of the company is Maagal Hashana.
The chain store Shefa Shouk has removed it from their shelves.
Some bottles were found to have on it 2 labels, the top one saying it came from a different place.
"It was all a plan to raise the price of oil", say some skeptics.