Roads Company Chairman Ousted After Investigation Reveals Discrepancies

The committee for examining appointments has decided to remove Idan David from his position as chairman of the Ayalon Highways Company, following an investigative report by Channel 12 News. The decision comes after the head of the Investigations and Intelligence Department ordered a probe into David on suspicion of forgery and other offenses.

The committee cited "reasonable suspicion of extreme incompatibility between the information submitted to the committee and upon which it relied, and data that allegedly emerges from materials on which there is no similar suspicion or any suspicion at all." The committee concluded that its previous decision approving David's appointment was void, and therefore his tenure as chairman is also void.

David was summoned for clarification by the Government Companies Authority. The Channel 12 investigation, aired last Wednesday, revealed alleged significant discrepancies between the details David presented during his appointment process and findings from the news outlet's investigation. He is required to provide explanations and supporting documents for the claims made against him.

Specifically, the investigation focused on data David provided about his work at Migdalit company, where he claimed to have served as deputy CEO of a company with revenues of approximately NIS 800 million and over 400 employees. However, documents suggested significantly lower figures, and the accountant whose signature appeared on an approval stated they did not provide it and had no connection to the company. The former CEO of Migdalit also denied David's claim of serving as deputy CEO.

David is also being asked to provide evidence for the operations of GROUP IDY, a company he stated employed around 320 people with NIS 2.1 billion in revenues. The authority is demanding written clarification, supported by a sworn affidavit, by Tuesday evening. The Government Companies Authority warned that submitting inaccurate details could be grounds for non-appointment and potentially lead to criminal proceedings.