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| AGUDATH ISRAEL BANK COLLAPSED - THIS POOR POLITICIAN, MENACHEM PORUSH, BUILT THE MERCAZ CENTRAL HOTEL IN JERUSALEM MORTGAGE FREE |
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| ORIGINAL MERCAZ HOTEL - THE HOTEL WAS SOLD |
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| THE AGUDATH ISRAEL CONVENTION BUFFET REMAINED |
Menachem Porush (Hebrew: מנחם פרוש, 2 April 1916 – 22 February 2010) was an Israel politician who served as a member of the Knesset for Agudat Yisrael and its alliances between 1959 and 1975, and again from 1977 until 1994. He was known for his efforts to curb secularization in Israel, leading campaigns to enforce strict Jewish laws through legislation. *EXCEPT LO SIGNOV*
The Bank of Israel, the nation’s central bank, is preparing legislation for the Knesset that will give it extensive new powers of supervision over the country’s banking business, it was learned from reliable sources today. The more stemmed from the recent failure of the Agudath Israel Bank under circumstances that hinted at the emergence of a new financial scandal.
The Agudath Israel Bank which was on the verge of bankruptcy, has been taken over by the Bank Leumi, one of Israel’s major banking institutions, in order to save the deposits of its 19,000 clients. The Cabinet yesterday discussed the transaction and the circumstances leading up to it. The collapse of the Agudath Israel Bank was attributed to improvident loans, most of which went to the bank’s principal shareholders, and to the bank’s involvement in dubious outside ventures.
https://www.jta.org/archive/bank-scandal-prompting-new-banking-legislation
Watchdog group demands criminal probe of Haredi party behind anti-enlistment hotline
Movement for Quality Government says Agudat Yisrael promoting draft dodging, assisting Haredim to circumvent order on daycare subsidies for kids of yeshiva students who fail to enlist
The Movement for Quality Government in Israel watchdog group called on Attorney General Gali Baharav-Miara and the Israel Police to open a criminal investigation into the Hasidic Agudat Yisrael party on Sunday, citing reports that it had encouraged draft evasion and instructed its constituents on how to circumvent a High Court ruling restricting daycare subsidies for children of yeshiva students who fail to enlist.
The conduct of Agudat Yisrael officials “raises serious suspicion of committing serious offenses of fraud and breach of trust,” the organization, which has long advocated for ultra-Orthodox enlistment, said in a statement.
The Movement for Quality Government in Israel watchdog group called on Attorney General Gali Baharav-Miara and the Israel Police to open a criminal investigation into the Hasidic Agudat Yisrael party on Sunday, citing reports that it had encouraged draft evasion and instructed its constituents on how to circumvent a High Court ruling restricting daycare subsidies for children of yeshiva students who fail to enlist.
The Movement for Quality Government’s appeal cited reporting by The Times of Israel and the Ynet news website, which last Thursday both published investigations into a hotline established by Jerusalem Affairs Minister Meir Porush.
Worried Haredi yeshiva students and parents who called the hotline have repeatedly been advised to ignore draft orders and lie to the Israel Defense Forces, The Times of Israel found.
Zalman, a member of the ultra-Orthodox community who spoke on condition of anonymity and asked to be identified by a pseudonym, said that he was told to disregard any draft orders sent to his son.
“What they are suggesting at this stage is to ignore it, not deal with it,” he said, claiming that he was told: “If you received an initial call-up order, you are like thousands of others. You don’t have to do anything, just ignore them.”
The Agudat Yisrael faction represents the Hasidic community’s interests within the coalition’s United Torah Judaism party (the other faction in UTJ is the non-Hasidic Degel Hatorah).
“Let us recall that the penal code stipulates severe prison sentences for anyone who incites or solicits a person liable for military service not to serve, and that the things described… may amount to committing a criminal offense, especially at a time when the State of Israel is at war,” Movement for Quality Government attorney Tomer Naor told The Times of Israel last week.