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Israeli PM Netanyahu Is Involved in Telecom Corruption Case

2018-12-24 17:01 Monday

On December 2, 2018, the Israeli Police announced that Prime Minister Benjamin Netanyahu is suspected of being involved in corruption at Israel's largest state-run telecommunications company (named the "Case 4000" investigation) and recommended that Israeli prosecutors prosecute him and his wife Sarah Netanyahu. In addition, Shaul Elovitch, a former controlling shareholder of the telecommunications company, and his wife are among those who have been recommended for prosecution.

Prime Minister Benjamin Netanyahu

On the same day, the Israel Securities Authority along with the police issued a joint notice released the results of a long-running i. In the notice, the police stated they had enough evidence to prosecute Netanyahu, advising prosecutors to charge him and his wife with bribery, fraud and breach of trust.

According to foreign media reports, last year as the Communications Minister, Mr. Netanyahu allegedly received bribes from Shaul Elovitch, the controlling shareholder in the Bezeq The Israel Telecommunication Corp., Ltd., in a case of quid pro quo. Mr. Netanyahu is accused of formulating policies in favor of the company, in return of positive coverage from the Bezeq Group news website.

Netanyahu has issued a statement denying the charges against him and his wife.

As the investigation has concluded, authorities believe that they have sufficient evidence to implicate the main parties involved in the case, including Mr. Elovitch (formerly a controlling shareholder and chairman of the company's Board of Directors) and his wife, Or Elovitch (a former director), as well as Stella Handler (former CEO) and Amikam Shorer (a former officer in the company).

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