BREAKING NEWS

Steinitz cuts funds to TA University over 'irregularities'

Finance Minister Yuval Steinitz ordered his ministry to stop the transfer funds allocated to Tel Aviv University, according to a statement released by the ministry on Tuesday. The decision was set to be implemented immediately.
The statement said Steinitz's decision was made because, for several months, Tel Aviv University has not been cooperating with, and has not fulfilled the wage requirements, of the ministry.
The ministry said it found irregularities in the university's management of employment contracts and and also wage irregularities totaling millions of shekels in the university's budget.