"If you don't pay for electricity, they let it go for one month, they give you a warning in the second month, and they cut off your electricity in the third month. We haven't got to that yet with the Palestinian Authority (PA). My unequivocal stance is that anyone who doesn't pay for electricity should have it cut off, and since the PA doesn't pay like it should, actual measures should be taken by limiting the supply of electricity. If that doesn't help, their electricity should be cut off," Israel Electric Corporation (IEC) (TASE: ELEC.B22) chairman Gen. (res.) Yiftah Ron-Tal said today in an Arutz Sheva interview.
Ron-Tal added, "The PA's debt to IEC is simply unconceivable: NIS 1.7 billion. That debit is insane."
Ron-Tal made it clear that he intended to limit the flow of electricity to the PA soon, as has already happened before, saying, "As a government company, we have to coordinate what we do with the government, but I intend - already in the coming weeks - to again limit the flow of electricity to the PA until it pays, or until the problem is solved by government decisions. This will not continue at the expense of the citizens of Israel; it's a scandal."
Published by Globes [online], Israel business news - www.globes-online.com - on September 17, 2015
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