Slice

The Capital Market Authority revoked five more Finibert agent licenses in the Slice affair, bringing the total to 12 over 280 million shekels transferred improperly.

The Tel Aviv District Court approved Slice's final settlement plan, allowing the distribution of millions to affected savers. However, hurdles remain regarding restricted white funds and loan repayments.

Lobby 99 filed the appeal on behalf of two savers who filed private complaints with the police, claiming they were induced to transfer their money to Slice through deceitful means. Three years after the exposure of the affair in which hundreds of millions of shekels disappeared, Lobby 99 claims that the police are not advancing a criminal investigation despite information in their possession.

The Tel Aviv District Court has rejected a request to convene a members' meeting to vote on a settlement agreement with Finbert funds regarding the Slice affair, citing a lack of legal basis.

A stormy discussion in the Knesset Finance Committee revealed the scale of temporary management expenses, while refunds to members remain stagnant. MKs refused to approve an additional 13 million shekels in state funding, demanding greater transparency.

Effi Sandrov, the appointed administrator of the collapsed company Slice, has filed a request with the District Court to increase the lawsuit against Eshkol Guy Shanzer by 52.5%. The claim now includes ten additional defendants.