Another bad report card from the State Comptroller. (Israel State Comptroller issues negative reports on two defense-related companies)

From: Israel Business Today | Date: June 24, 1994 | Copyright information

The State Comptroller issued another negative report, this time concerning the management of the defense-related enterprises.

TAAS Israel Industries (formerly known as Israel Military Industries) was turned into a corporation in conditions which make one wonder, and what the State Comptroller did not say, the Ministry of Finance contributed. The company was set up without the necessary information, and seems to have shown a great ability for creative accounting. The acco...

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