Former Bank of Israel governor Jacob Frenkel withdrew his nomination on Monday
to return to the position, following an ongoing scandal over an alleged
shoplifting incident at a duty free shop in a Hong Kong
airport.

Frenkel’s return to the post has hit a number of road bumps
since his nomination in late June. First, a scandal reemerged over the bloated
compensation package he received following his first term, which lasted from
1991 to 2000. The state comptroller at the time forced Frenkel to return NIS
238,000 to the government. The Turkel Committee, appointed to evaluate Frenkel’s
nomination, said in early July that it would set the incident aside.

The
next bump, which ultimately proved his undoing, followed a Haaretz report that
Frenkel was detained at a Hong Kong airport in 2006 over allegedly shoplifting a bottle of
perfume.

Though Frenkel claimedNEW DELHI: A set of newly declassified files regarding the liberation of Hyderabad in 1948 provides interesting insights into the recent history of Andhra Pradesh , its unification, the end of Nizam’s rule and the faultlines that have contributed further to the creation of Telangana .

Several secret coded telegrams sent by the Nizam of Hyderabad over the tense months of 1947-48, after he had declared his intention not to join India and Pakistan, also provide insights into his bitterness and his plan to hire a European prime minister for Hyderabad. The standoff finally ended after India launched Operation Polo to liberate Hyderabad in September, 1948.

"Gandhi has started his fast with the intention of unifying the Muslims but he is an old fool and his character is doubtful," the