Minister of Finance Benjamin Netanyahu publicly commented on the severe financial crisis of Israel’s third largest retail chaint.
Minister of Finance Benjamin Netanyahu implicitly criticized the owners of Clubmarket Marketing Chains Ltd. today. He publicly commented on the severe financial crisis of Israel’s third largest retail chain.
In response to pressure from correspondents, Netanyahu said, “We know that people were hurt, including small businesses and suppliers. Accountant General Dr. Yaron Zalika is trying to help them, especially the small businesses and suppliers.”
Netanyahu added that in his opinion, “The concept of transparency should be applied ex-ante, not -post facto.”
Published by Globes [online], Israel business news - www.globes.co.il - on July 26, 2005