Jun.14, 2010, 04:19

A law requiring Israeli financial institutions to divest from companies that do business with Iran, which passed with with great fanfare on April 2, 2008, has never been implemented, The Jerusalem Post learned Sunday.

The law’s sponsor was then opposition leader Binyamin Netanyahu.

Kadima MK Ronnie Bar-On, who was finance minister through March 2009, did nothing to implement the bill. His successor, Yuval Steinitz, did not immediately move to implement it either, but the Post has learned that he has been working to implement it over the past several weeks.