The business failure of the budget commissioner exposed: AllShorens lost a million shekels and ceased operations
The insurance comparison platform AllShorens, in which Budget Commissioner Meiron Pruzenfer holds a 50% stake, lost over a million shekels and has ceased operations. His partners have filed a court request to force a bidding process for separation.
A digital insurance price comparison platform named AllShorens, in which Meiron Pruzenfer, the Budget Commissioner at the Ministry of Finance and former economic advisor to the Chief of Staff, holds a 50% stake, lost over a million shekels and has ceased operations. This emerges from a request filed today (Tuesday) to the Economic Department of the Tel Aviv District Court by Pruzenfer's three partners, members of the Alush family. In the request, the three claim that Pruzenfer is not contributing to covering the debts and is infringing on their rights, and therefore they seek to force a bidding process for separation. According to the request, in March 2023 Pruzenfer purchased 50% of AllShorens shares for 1.2 million shekels, after his partners had invested 750,000 shekels in its development. The cumulative loss for 2023 and 2024 stood at about one million shekels. To cover debts, the company took loans of 542,000 shekels from Bank Hapoalim in 2024, but only the Alush family members were guarantors. In August 2024, a board meeting was held to discuss the company's dissolution and asset sale, but ended without decisions. In June 2025, near the Finance Minister's announcement of his intention to appoint Pruzenfer as Budget Commissioner, the company informed Pruzenfer that its website had closed and the company was suffering ongoing losses. The Alush family transferred about 100,000 shekels to repay the loans, and claim that Pruzenfer has not borne even one shekel of this burden. Pruzenfer's response was not received by the time of publication.