"The crisis has done one good thing for me. Even if I were to stay at IDB for another 200 years, I would never have known the conduct of the people as I know it now. From this perspective, I consider what happened to me to be a blessing," former IDB Holding Corp. Ltd. (TASE:IDBH) controlling shareholder Nochi Dankner told the weekend newspaper "Sof Hashavua."
Although Dankner may not want to return to IDB, this is not preventing him from continuing the fight against the company's new controlling shareholders, Eduardo Elsztain and Moti Ben-Moshe. "I keep separate the fact that I don’t want Ben-Moshe to have IDB and my return to the company. As far as I am concerned, Ben-Moshe is an investor with big question markets, who is unfit to be at the company. I am saying this only because the company's fate is still important to me," he said.
"I made business mistakes, and I've learned all my lessons," said Dankner. "There are things that I would have done differently. I kept managers even after the dime dropped, and I concluded that a manager no longer delivered the goods. I took me a long time to replace him. I need to overcome this obstacle."
As for his debts, Dankner said, "I am working with a real wish to repay all my debts to the banks. I haven’t asked the banks for a write-off. I will do everything to repay the money, even if I have to sell my home."
Dankner concluded, "I have no intention of leaving Israel. I am Israeli, and I will deal with what has happened here. I don’t intend to live like a gypsy."
Published by Globes [online], Israel business news - www.globes-online.com - on April 13, 2014
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