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December 13, 1991 - Image 65

Resource type:
Text
Publication:
The Detroit Jewish News, 1991-12-13

Disclaimer: Computer generated plain text may have errors. Read more about this.

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Ma'ariv Newspaper
Is Up For Sale

Tel Aviv (JTA) — Israel's
second-largest daily news-
paper, Ma'ariv, is again up
for sale, following the col-
lapse of Robert Maxwell's
media empire.
But according to a London-
based auditing firm, Mr.
Maxwell's holdings in Israel
are in good order, despite the
scandal surrounding his fi-
nancial dealings that has
emerged since his
mysterious death at sea Nov.
5.
Mr. Maxwell, a
Czechoslovak-born Jewish
war orphan who adopted
Britain as his homeland and
became a billionaire, fell,
jumped or was pushed from
his yacht while cruising
among the Canary islands
last month. He was buried
Nov. 10 on the Mount of Ol-
ives in Jerusalem, as re-
quested in his will.
Alan Katz, who heads a
four-man team sent by the
Arthur Anderson accounting
firm in London to examine
Mr. Maxwell's Israeli assets,
said over the weekend that
everything was found in
order.
Mr. Maxwell bought a con-
trolling 80 percent interest
in the Modi'in Publishing
House a year ago, which
brought not only Ma'ariv but
also the Keter publishing
house and the Teva Phar-
maceutical Co. under his
wing.
He also acquired Scitex, a
media imaging company,
which he sold, reportedly at
a profit, several months
before his death.
The auditors reported that
up to the time of his death,
Mr. Maxwell had discharged
all of the financial obliga-
tions he undertook in Israel.
The report is important
because of rapidly mounting
evidence that Mr. Maxwell
engaged in questionable and
possibly illegal financial
manipulations to keep afloat
the vast international media
and industrial empire he ac-
quired by going heavily into
debt.
Whatever wrongdoings he
might have been responsible
for in Britain, Mr. Maxwell's
dealings with Ma'ariv in
Israel were all above board,
the newspaper said in an
editorial over the weekend.
Mr. Katz confirmed that
he honored all of the prom-
ises he made to the
publishing group he pur-
chased in Israel, including
the installation of new
presses for Ma'ariv.

The auditor indicated that
his firm, which is temporary
manager of the Maxwell
holdings, would recommend
that the future owner of
Ma'ariv be someone who can
work within the current
management structure and
present editorial staff.
The newspaper's chief
editor, a Maxwell appointee,
and other senior manage-
ment officials are in fact ex-
pected to bid for the dead ty-
coon's Ma'ariv stock when it
is auctioned.

Czech Town
Invites Return

Prague (JTA) — The Czech
town of Kolin, in central
Bohemia, will salute its 600-
year-old Jewish community,
which was almost
obliterated when the Nazis
rounded up virtually every
Jew for deportation to death
camps on June 13, 1942.
The town council has
decided to mark the 50th
anniversary of the mass
deportation. It occurred
three days after the Nazis
razed the village of Lidice,
killing its entire male
population in reprisal for the
assassination of Reinhard
Heydrich, the Nazi governor
of Bohemia and Moravia
who helped plan the Final
Solution.
A memorial plaque will be
unveiled and schoolchildren
will be asked to write essays
about the contributions of
Jews to the development of
their town and the suffering
they endured.
In addition, Kolin's an-
cient synagogue will be
restored and turned into a
Jewish museum. Jews have
lived in Kolin since 1376.
The commemoration was
arranged by Mayor Jiri Burs
and Hanah Greenfield, a
survivor of the deportation
who now lives in Israel.
Invitations to attend the
memorial next June have
gone out to members of Jew-
ish congregations in the
United States, Britain,
Australia and Israel, which
have Torah scrolls originally
from the Kolin synagogue.
Ms. Greenfield returned to
Kolin to attend a conference
on the Terezin (There-
sienstadt) ghetto held there
from Nov. 24 to 28. She pre-
sented a paper on the fate of
1,200 Jewish children
brought to Terezin by Nazis
from the Polish town of
Bialystok and sent to the
Auschwitz gas chambers on
Yom Kippur 1943.

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THE DETROIT JEWISH NEWS

65

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