Nochi Dankner

Nochi Dankner (Hebrew: נוחי דנקנר‎‎; born 13 November 1954) is an Israeli convicted in Securities Fraud.^[2] He was the controlling shareholder of the IDB Group.^[3] Dankner is also the founder and chairman of the Ganden Group - which led him to personal bankruptcy of 400 Million NIS,^[4] and a board member of the Jewish Agency for Israel.^[5]

Biography

Nochi Dankner was born in Tel Aviv. He is the son of Goldie and Yitzhak Dankner, one of six brothers who founded Dankner Investments. After military service in the Israel Air Force, Dankner studied political science and law at Tel Aviv University, where he edited the law review. After graduation, he founded Dankner Dankner law firm.^[6]

In 2011, Dankner sold the Israeli agrochemicals manufacturer Makhteshim Agan to China National Agrochemical Corporation, a subsidiary of China National Chemical Corporation (ChemChina).^[7] Prime Minister Benjamin Netanyahu described the deal as "a big achievement for the economy of Israel."^[8] That year he was ranked eleventh in Forbes Magazine’s list of wealthy Israelis.^[9]

Under the IDB pyramide Dankner used to own various companies such as Cellcom, Super-sol, Netvision, Hadera Paper and Nesher Cement,^[10] whose situation all got worse after Dankner's involvement, which led to IDB's bankruptcy.^[11][12]

References