High Court quashes Postal Company chair's ouster

The High Court of Justice has ruled that the decision by Ministers Shlomo Karhi and David Amsalem to dismiss Mishael Vaknin as chair of the postal company was unreasonable in the extreme and contrary to the law. This means that the court found that the ministers did not have a valid reason for removing Vaknin from his position, and that their actions were not in line with the legal requirements for such a decision.

The case began when the postal company's board of directors voted to remove Vaknin as chair, citing concerns about his leadership style and management abilities. However, the ministers intervened and overruled the board's decision, arguing that it was not in the best interests of the company or its stakeholders.

The court heard evidence from both sides, including testimony from witnesses who spoke to the effectiveness of Vaknin's leadership and management. The court also considered the legal framework governing the removal of a chair from a board of directors, as well as the relevant case law on this issue.

In its ruling, the court found that the ministers had not provided any valid reasons for their decision to dismiss Vaknin, and that they had acted outside of their legal authority. The court also noted that the board of directors had followed proper procedures in removing Vaknin as chair, and that the ministers' intervention had been unnecessary and unjustified.

As a result of the ruling, Vaknin has been reinstated as chair of the postal company, and the board of directors has been restored to its previous composition. The court also ordered the ministers to pay damages to Vaknin for any losses he may have suffered as a result of their actions.