Ituran managing director Eazy Sheratzky: The hudna has caused the Israeli Police and Border Guard to relax their patrols along the Green Line.
The hudna (truce) has caused a 19% jumped in car thefts in July 2003, compared with January-June, Ituran (TASE:ITRN) owner and managing director Eazy Sheratzky told "Globes". He predicts that car thefts will multiply and the damage to insurance companies increase if the cease-fire continues.
Sheratzky told "Globes" that the hudna had caused the Israeli Police and Border Guard to relax their patrols along the Green Line. The hudna has also made it safer for owners of old cars to drive into the Palestinian Authority, abandon them, and then claim that they were stolen, in order to receive compensation toward a new car.
Ituran handled ten attempts at car thefts by Palestinians or their emissaries over the weekend. The company and police foiled all the attempts.
Published by Globes [online] - www.globes.co.il - on August 5, 2003