Building and Construction Minister Uri Ariel has ordered his staff to check on the legality of the Chinese purchase of Tnuva, Israel’s largest food company.
According to a 2011 law, Israeli land can not be transferred to foreign agents without authorization by the head of the Israel Lands Authority (ILA).
Ariel has asked his staff to check on Tnuva’s land holdings.
Bentzi Lieberman, the head of the ILA, said that he has learned that Tnuva holds hundred of dunams of land, worth hundreds of millions of shekels, according to a report in Makor Rishon.
The law states that land rights transferred without proper permission, will not be legally recognized.
The sale of Tnuva to the Chinese is very controversial in Israel.
About the Author: JewishPress.com brings you the latest in Jewish news from around the world. Stay up to date by following up on Facebook and Twitter. Do you have something noteworthy to report? Submit your news story to us here.
If you don't see your comment after publishing it, refresh the page.
Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.
If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.