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Politics10:55 · 6m ago

Adaltak Files Supreme Court Petition to Bar Accountant General from Involvement in Power Projects

Globes
Translated & summarized from Globes by baba
The story · English

Adaltak Group, a major private electricity producer in Israel and shareholder in the Dorad power station, has petitioned the Supreme Court against Accountant General Michal Abadi-Boiangiu's involvement in matters related to Adaltak and the Shorak power project. The petition claims that during Abadi-Boiangiu's four-and-a-half-year tenure as Dorad's chairperson, a commercial dispute among Dorad shareholders escalated into a personal conflict targeting Adaltak and its controlling shareholder, Uri Adelsburg. Adaltak argues that Abadi-Boiangiu should be barred from engaging in any issues concerning the group and the Shorak project, which Adaltak won in a tender issued by the Accountant General in December 2024.

Despite repeated requests over two months, the Finance Ministry only published Abadi-Boiangiu's conflict of interest arrangement after intervention by the State Comptroller, and it did not explicitly include Adaltak or impose restrictions regarding the Shorak project. Adaltak requests the court to compel the Finance Minister and the Government Legal Adviser to explain why the conflict of interest arrangement has not been amended to prevent Abadi-Boiangiu from involvement in Adaltak's business affairs for three years or alternatively for 18 months with oversight, and from the Shorak project until its expected commercial operation at the end of 2029.

Abadi-Boiangiu was appointed Accountant General in January 2026, having served since July 2021 as chairperson of Dorad and chair of Eilat Ashkelon Infrastructure Services, a subsidiary of Israel Electric Corporation under her supervision. The petition details sharp disputes during her Dorad tenure, including harsh personal remarks directed at Adaltak and Adelsburg, and a defamation warning letter sent through her legal representatives. Adaltak contends the conflict has moved beyond commercial issues to a significant personal dispute, risking harm to its business operations.

A source familiar with the matter described Abadi-Boiangiu's role as representing the state's interests in Dorad, which holds 37% ownership, and noted a prolonged arbitration battle won by Dorad that required Adaltak and its Turkish partner to repay NIS 500 million. The source characterized Adelsburg's actions as coercive attempts to pressure the state and invalidate the conflict of interest arrangement, which was developed with legal counsel from the Finance and Justice Ministries and rejected by the Finance Ministry's legal adviser.

The Finance Ministry responded that the petition has not yet been formally received but emphasized that the conflict of interest arrangement was prepared jointly by the ministry's legal adviser and the Justice Ministry, and Adaltak's claims were thoroughly addressed and rejected. Abadi-Boiangiu's office stated she is complying fully with the approved conflict of interest terms. This is not the first legal challenge involving Dorad and Adaltak companies, with previous cases dismissed by the Economic Court. Supporters of Abadi-Boiangiu assert that such aggressive tactics will not deter her or alter her course.

Read the original at Globes
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