> In 2010, he and banking billionaire Lord Jacob Rothschild each purchased equity stakes in Genie Energy and joined the company’s board of directors.
> While he was on the board, Genie was awarded a contract to drill for oil and gas over approximately 400 square kilometres of Golan Heights, Syrian territory that Israel has illegally occupied since 1967. In effect, Genie was attempting to profit from an occupation deemed illegitimate under international law.
It’s like free money! And I thought we had a pretty raw deal on our natural resources here in Australia.
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> In 2010, he and banking billionaire Lord Jacob Rothschild each purchased equity stakes in Genie Energy and joined the company’s board of directors.
> While he was on the board, Genie was awarded a contract to drill for oil and gas over approximately 400 square kilometres of Golan Heights, Syrian territory that Israel has illegally occupied since 1967. In effect, Genie was attempting to profit from an occupation deemed illegitimate under international law.
It’s like free money! And I thought we had a pretty raw deal on our natural resources here in Australia.