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BYE BYE GAZA - Barry Chamish

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417<br />

417<br />

that Appel had requested, and not even whether such help<br />

had been received. This was the second incident that caused<br />

Olmert an attack of amnesia. The first was recorded in 1988,<br />

in criminal case 84/87 against Yehoshua Halperin of the<br />

Bank of North America. Olmert, the witness for the<br />

prosecution, had borrowed $50,000 from Halperin interestfree,<br />

but found at least 12 different ways to say that he could<br />

not remember.<br />

With his recent newfound power, Olmert was quick to turn it<br />

to his advantage.<br />

First, he compromised Israel's telecommunications industry.<br />

Partner is one of the country's three cellular companies. Its<br />

clients include the military, police. . .in fact, the whole<br />

security apparatus. Because of the fear of a hostile takeover,<br />

nobody may purchase more than 10% of a cellular<br />

company's stocks without interference by the government.<br />

In mid-December, Olmert flew to Hong Kong and met with<br />

the CEO of Hutchison Telecommunications International, the<br />

majority shareholder in Partner. Just a week later, an<br />

Egyptian company, Orascom, bought 19.85% of Hutchison's<br />

shares which just happened to give it a 9.997% of Partner's<br />

stocks.<br />

Olmert had coached well. Now one of Israel's most important<br />

telecommunications companies had a new Egyptian partner,<br />

one with stakes in companies in Algeria, Iraq, Pakistan and<br />

Bangladesh, Israel's dearest friends.<br />

As for Olmert; did someone say kickbacks?<br />

Not content with compromising telephone security, Olmert is<br />

now working on our fuel supplies:<br />

http://www.haaretz.com/hasen/spages/672426.html

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