Moshe Tery, former chairman of the Israel Securities Authority, is on the way to being appointed director of the Tax Authority, "Globes' has learned. In the past few days, Tery has appeared before the search committee set up by Minister of Finance Yuval Steinitz, and has been offered the post.
Tery at first refused because of opposition by his family, as the post carries high media exposure, and since 2007 the Tax Authority has been embroiled in a series of corruption affairs involving its senior officials.
However, Tery decided today that he would take on the job, and he has informed the minister of finance of his decision. The appointment still has to undergo a series of approval procedures, including by the government (which is not expected to be a problem), and by the Appointments Committee headed by Adv. Tana Shpanitz. Tery will also have to make a conflict of interests agreement, as he manages private businesses.
Tery's name hit the headlines recently as one of the candidates for the post of chairman of Bank Leumi (TASE: LUMI). The Ministry of Finance refused to comment, as they said the matter was not yet finalized, while Tery himself said, "I can't talk."
Published by Globes [online], Israel business news - www.globes-online.com - on July 6, 2011
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