Report: Frenkel Shoplifting Affair Involved Expensive Garment Bag

Jacob Frenkel, candidate for Bank of Israel governor, presents his account of incident before nominating committee; says Hong Kong authorities have apologized for detaining him, Channel 2 reports.

A shoplifting incident that may jeopardize Jacob Frenkel's chances of becoming the next Bank of Israel governor involved an expensive garment bag, Channel 2 reported Friday.