The Bejski Commission ( he, ועדת בייסקי) was a National Commission of Inquiry established by the
Israel
Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...
i government on January 7, 1985. Headed by the Supreme Court justice
Moshe Bejski
Moshe Bejski (, 29 December 1921 – 6 March 2007) was a Polish-born Israeli Supreme Court Justice and President of Yad Vashem's Righteous Among the Nations Commission. After surviving the Holocaust with the help of Oskar Schindler, Bejski immi ...
, its remit was to examine events surrounding the
1983 Tel Aviv stock market crash, which led to a financial crisis and the
nationalization
Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to pri ...
of most of Israel's major banks. It issued a report on April 16, 1986, which concluded that major Israeli banks had been rigging the price of bank shares over a long period and called for the dismissal or resignation of many of the heads of the Israeli banking system.
Moshe Mendlelbaum, then governor of the
Bank of Israel
The Bank of Israel ( he, בנק ישראל, ar, بنك إسرائيل) is the central bank of Israel. The bank's headquarters is located in Kiryat HaMemshala in Jerusalem with a branch office in Tel Aviv. The current governor is Amir Yaron.
T ...
, resigned; Ernst Jephet of
Bank Leumi
Bank Leumi ( he, בנק לאומי, lit. ''National Bank''; ar, بنك لئومي) is an Israeli bank. It was founded on February 27, 1902, in Jaffa as the ''Anglo Palestine Company'' as subsidiary of the Jewish Colonial Trust (Jüdische Kolonia ...
retired with a $5 million agreement; Rafael Recanti refused to resign as head of the
Discount Bank, threatening to provoke a banking crisis by withdrawing deposits from the Bank of Israel.
[''Middle East International'', issue 278, page 3. ]Peretz Kidron
Peretz Kidron (29 July 1933 – 6 November 2011) was an Israeli writer, journalist and translator.
Biography
He was born in Vienna, the son of Sara and Herman Kirchenbaum aywho were devoted Zionists and supporters of the Jewish state. His famil ...
.
References
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Israeli commissions and inquiries