NTA Metropolitan Mass Transit System Ltd., which is building the Tel Aviv light rail, has announced that it has a critical report, which raises suspicion of criminal acts by "former acting company officers". The company said that it has sent the findings to Attorney General Yehuda Weinstein, State Comptroller Joseph Shapira, and other parties "to review the criminal aspects, if any."
"Globes" asked former NTA chairman Michael Ratzon about the report. He replied he had never been sent a copy of the internal report for a response, so he could not know what the announcement was about.
NTA refused to give a copy of the report to "Globes", saying that its board of directors had not yet discussed it, even though it disclosed the existence of the report citing "the public's right to know."
According to NTA, the report, written by NTA auditor Ilan Segev, examined, "Flaws which were pointed out by the chairman of the company's audit committee, the internal auditor, the Government Companies Authority", and "various acting officers who warned about, and acted in real time against flaws discovered at the company." It adds that the acting officers who caused the flaws were no longer serving at the company.
Segev's audit comes against a bitter personal struggle between NTA CEO Itzhak Zuchman and former chairman Ratzon and other executives whom Zochman believes are Ratzon's associates.
Published by Globes [online], Israel business news - www.globes-online.com - on July 23, 2013
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