Another top wave in the Perry affair: suspicions against a company that gave loans to 169 buyers

0
6


The shockwaves of the freezing of proceedings in the Eldad Perry Group are reaching the credit company “Bonus”, which is controlled by CPA Arik Goldian. Ministry of Construction and Housing Announced that the office’s sales law commissioner, Amit Grady, has initiated administrative proceedings against Bonus on suspicion of violating the sales law in the Horizon project in Bat Yam, which was organized by the Perry Real Estate Group. The procedure was opened regarding the financing company’s contract with 169 buyers and may reach a financial sanction of about NIS 10 million.

“The provisions of the Sale Law also impose liability on the person granting a loan for the purchase of an apartment, so he is required to inform the buyer of his rights to secure the funds and in addition, he must transfer the funds only after verifying that they have been given collateral. The ministry said in a statement that “according to the suspicion, the financing company gave a bonus to 169 buyers for the purpose of purchasing apartments in the Perry Horizon project in Yam, without verifying that collateral was provided for the funds. In addition, the company did not inform buyers about their rights. “To protect their money, everything is contrary to the provisions of the Sale Law on the subject,” the ministry said in a statement. As is well known, the Sale Law does not apply to purchase groups, but the Ministry of Construction and Housing’s announcement states that “at the beginning of August 2020, the Sales Law Commissioner determined that the members of the Perry Horizon purchase group in Bat Yam are apartment buyers for all intents and purposes.” “The commissioner should also place the responsibility on the doorstep of the financing company, which in fact served as a lender to the buyers of the apartments for the purpose of purchasing an apartment in the project. Therefore, an administrative procedure was opened to clarify the circumstances of the matter.”

As part of the ministry’s announcement, it appears that “Bonus” may not be the only financing company to be opened administrative proceedings against. It should be noted that in the “Peri Horizon” project, another loan was provided by another financing entity and this is being examined these days. At the same time, the Commissioner of the Sale Law contacted the financing company Expo in order for it to correct violations of the law, as emerged in investigations with Perry Real Estate in connection with the Perry Place project in Rehovot.

A few weeks ago, the court ordered the issuance of a stay of proceedings against the Eldad Perry group, and two trustees were appointed to it – Adv. Ehud Gindes and Adv. Gonen Kastenbaum.

The Expo Fund stated: “In the letter from the Commissioner of the Sale Law, there is no stipulation that the Expo Fund acted in violation of the law and it is good that it did. “Designed for commerce and offices owned by the Perry Group. The loan was not given to private individuals and certainly not for the purpose of purchasing an apartment, as stipulated in the Sale Law. The Expo Fund will contact the Ministry of Construction and Housing to clarify the matter.”

Bonus Company response has not yet been received.





Source link by https://www.globes.co.il/news/article.aspx?did=1001344090

*The article has been translated based on the content of Source link by https://www.globes.co.il/news/article.aspx?did=1001344090
. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!

LEAVE A REPLY

Please enter your comment!
Please enter your name here