Israel Prime Minister Benjamin Netanyahu charged in corruption cases
India TV NewsIsrael’s attorney general on Thursday formally charged Prime Minister Benjamin Netanyahu in a series of corruption cases, throwing the country’s paralyzed political system into further disarray and threatening the long-time leader’s grip on power. The indictment does not require Netanyahu to resign, but it significantly weakens him at a time when Israel’s political system appears to be limping toward a third election in under a year. The most serious charges were connected to so-called “Case 4000,” in which Netanyahu is accused of passing regulations that gave his friend, telecom magnate Shaul Elovitch, benefits worth over $250 million to his company Bezeq. The indictment also said that Netanyahu’s gifts of champagne from billionaires Arnon Milchan and James Packer “turned into a sort of supply line.” It estimated the value of the gifts at nearly $200,000.