"Clal, which spoke to us, earned about ILS 950 million in 2024. Almost ILS 1 billion. I don't accept that they say their hearts are with us. They finance dozens or hundreds of projects, and I ask as a family where their responsibility is for the entire process of the developer's collapse. A lending bank or a lending insurance company has to supervise the money and the progress of the project, they are not watching from the sidelines, they are not just a pipe from my pocket to the developer's pocket. There are timetables, there are stages, for each such stage they are supposed to supervise Clal or a complex that is a subsidiary of Clal, is supposed to supervise and receive documents on the pace of construction progress and the release of funds accordingly. In the meantime, the financing company is also not doing this for the sake of heaven, prime + a few percent.
That's why I don't accept their claim that their hearts are with me."
- On the other hand, Mr. Ofer Nachman, Director of the Construction Accompaniment Department, who also submitted an affidavit on behalf of the secured creditors, appeared at the hearing and said explicitly on page 14 of the minutes at paras. 30 to p. 15 s. 9:
"I visited the site and saw that workers were working there.
Mr. Ofer Nachman after being duly warned:
I see the families here and my heart is with them.
As a rule, as they presented here, and I stand behind every word said by my attorney, this is not an event of the realization of a sale law guarantee, there is no absolute impediment here.
There's a bulldozer receiver here who does the job. It's important in relation to the time component.
The attorneys mentioned here the issue of delay, including Ms. Sidi, the collateral of the Sale Law, whether it is a policy or a guarantee, is not the purpose of compensating for delays. Maof Zipor and we finance hundreds of projects, I will say with caution that at least 50% of the projects in light of the war and the situation in Israel, even 70% are delayed and delayed.