From El Al protests sale to student, claims it’s a front for his non-Israeli father
El Al is protesting its sale to an American Israeli yeshiva student, claiming Eli Rozenberg, 27, is merely a front man for his father, who is not an Israeli citizen and therefore by law can’t own the Israeli national carrier.
A letter by airline officials to government ministers accuses Kenny Naftali Rozenberg of creating the Kanfei Nesharim company under his son’s name to bypass the Israeli law and gain control over the airline. The younger Rozenberg “has no independent means and lacks business experience,” the letter says.
The airline asks the ministers to block the sale.
Rozenberg’s Kanfei Nesharim company bought a controlling 42.85% stake in the airline with a $150 million offering.
Eli Rozenberg, the new controlling shareholder of El Al (Courtesy)
