Ex-Ayalon Highways Chair Idan David Resigns from Sports Betting Board
Translated & summarized from Calcalist by baba
Idan David, formerly the chairman of Netivei Ayalon, has resigned from his position as a director of the Sports Betting Council following his earlier dismissal from Netivei Ayalon due to alleged resume falsification. The police are investigating David for suspected forgery. His resignation from the Toto board is to be finalized according to legal procedures and he must inform the Minister of Culture and Sport.
The story in 5 lines · by baba
- Idan David resigned as a director of the Sports Betting Council (Toto).
- David was previously dismissed as chairman of Netivei Ayalon over resume falsification allegations.
- Police are investigating David for suspected forgery and other offenses.
- The Government Companies Authority barred David from serving as a director at Netivei Ayalon.
- David cited legal procedures for his resignation from the Toto board.
Idan David, the former chairman of Netivei Ayalon (Ayalon Highways), who was dismissed from his position amid suspicions of falsifying his resume, has announced his resignation as a director of the Sports Betting Council (the Toto).
In a letter to the Chairman of the Board, Shabtai Tzur, David stated his intention to arrange the conclusion of his term in accordance with the law and accepted procedures. David had served as chairman of Netivei Ayalon for approximately one year before his dismissal at the end of September. His removal followed alleged discrepancies between the information he presented during his appointment process and findings from an investigation, as revealed by journalist Yossi Mizrahi in a Channel 12 report.
Following the affair, the police initiated an investigation into suspicions of forgery and other offenses, and David was questioned by Lahav 433, the police's fraud investigation unit. The Government Companies Authority also ruled that he could not continue to serve as a director at Netivei Ayalon.
David emphasized that his decision does not diminish his appreciation for the Sports Betting Council, its activities, or its importance to Israeli sports. He wished the chairman, management, and employees success in their future endeavors. David is required to formally notify the Minister of Culture and Sport of his resignation, as stipulated by law, and finalize the termination of his tenure.
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