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Police Launch Probe into Road Authority Chairman Over Alleged Forgery

By יוסי מזרחיUpdated 2 days agoOngoing story · 2 updates
Translated & summarized from N12 by baba
The story · English

Israel's police have opened an investigation into Idan David, the chairman of Netivei Ayalon (Ayalon Highways), following a "HaMevaker" (The Critic) investigative report that uncovered alleged discrepancies in the details he provided during his appointment process. The investigation, ordered by Police Major General Boaz Baltz, will examine suspicions of forgery and other offenses.

Simultaneously, David has been summoned by the Government Companies Authority for clarification regarding claims that he misrepresented his professional experience. The authority requested his response to the allegations before the report aired, but stated he did not reply. He is now required to provide explanations and documents by Tuesday evening, under oath, concerning the information he presented when seeking the position.

The core of the inquiry focuses on David's claimed tenure at Migdalit company, where he stated he served as deputy CEO of a firm with approximately $220 million in annual revenue and over 400 employees. However, documents obtained suggest significantly lower figures. The accountant whose signature appeared on an approval document denied providing it or having any connection to the company, and a former CEO of Migdalit also denied David's claim of serving as deputy CEO.

Furthermore, the authority is seeking proof of the operations of GROUP IDY, a company David claimed had 320 employees and revenues of $570 million. David had previously stated he lacked documented information on this company from external sources. He is now tasked with providing evidence, such as an accountant's confirmation or state reports, to verify its scale of operations.

The Government Companies Authority warned that submitting inaccurate details could be grounds for disqualification and potentially lead to criminal proceedings. It also noted that if the information proves false, his appointment could be revoked, and his tenure terminated.

Read the original at N12
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