Frenkel’s Bank of Israel Bid Hits Bump Over Old Incident
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The nomination of former Bank of Israel Governor Jacob Frenkel to his old job may have hit a bump following media reports he was briefly detained seven years ago leaving a Hong Kong shop with cologne he didn’t pay for.
Frenkel denied any wrongdoing, calling it an “unfortunate misunderstanding,” according to a July 12 statement. A committee that vets civil service appointments met yesterday to discuss his candidacy and “examine various queries submitted to it in recent days,” according to a statement from the panel.