Ayalon Highways Chairman Faces Dismissal Hearing Over Resume Discrepancies

Idan David, the Chairman of Ayalon Highways, is facing a potential dismissal from his position as a board member of the Sports Betting Board of the Toto, following allegations of significant discrepancies in his professional experience as presented during his candidacy. The Government Companies Authority requested David to respond to claims that the data he provided about his past roles and achievements did not align with information obtained after his appointment.

David has also served as a public representative on the Sports Betting Board since October 2024. A committee for examining appointments in government companies, chaired by retired Judge Shulamit Dotan, is scheduled to convene next Wednesday to discuss his potential dismissal from this role. David will not be present at the hearing, but the committee will review the information that has come to light, as well as the Authority's detailed request for clarifications from him. David is required to submit his response by Tuesday, allowing the committee to consider his explanations.

The allegations surfaced in a Channel 12 investigation, which claimed David misrepresented his experience at Migdalit, stating it had assets of approximately NIS 1.1 billion and revenues of NIS 814 million with 407 employees. However, financial reports from 2015 indicate Migdalit's revenues were around NIS 16.9 million and its assets were approximately NIS 19.2 million. Furthermore, the accountant Yoram Barzani, whose confirmation was reportedly used to support David's candidacy, denied signing the document or handling the company's reports.

Additional alleged discrepancies involve David's tenure as CEO of IDY GROUP, a company he claimed generated NIS 2.1 billion in revenue with NIS 4.8 billion in assets and 320 employees. The Government Companies Authority is now seeking external, reliable documents to verify these operational figures, especially given claims that the company, headed by David's wife, lacks physical offices.