IEC workers’ shocking power play for shares in new Israeli broadband firm IBC
IBC is using the Israel Electric Corporation’s power grid for its fiber-optic cables, but is being short-circuited by IEC workers’ bid for stock in the private company.
Just imagine a hypothetical situation where a Chinese concern wins a tender to privately operate a government-owned Israeli port. In order to avoid being hassled by regulators and gain the cooperation of the bureaucracy, it announces its intention to grant shares in its port operations company as a gift to everyone employed at the finance and transportation ministries – free, no...
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