Tycoon Arcadi Gaydamak halts flow of cash to Israeli charities , most likely because other donations are not going to help people who need help
Russian-Israeli tycoon Arcadi Gaydamak has not made good on promises to transfer large funds to a number of Israeli charities.
Attorney David Brodetzky, the legal adviser for Gaydamak's Social Justice political party, confirmed Saturday that the billionaire businessman had halted the flow of financial donations.
Gaydamak's donations in recent years had totaled in the tens of millions of dollars. Half a year ago he froze the activities of the Gaydamak Foundation, an organization that was supposed to concentrate the businessman's charitable activities. The foundations offices in Givat Shaul in Jerusalem are now closed.
Gaydamak has in the past criticized Israeli politicians for forgetting the Jewish tradition of caring for the poor.
It seems to me that tradition was lost a very long time ago and replaced with more land theft and the killing of more Palestinians. One would think why this man has ceased in making donations? Was his money going to help or destory?
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