Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 937 Wed. January 17, 2007  
   
Front Page


Olmert faces criminal probe over bank deal


Israel's state prosecutor yesterday ordered a criminal investigation into Prime Minister Ehud Olmert's role in the 2005 privatisation of an Israeli bank, the Justice Ministry said in a statement.

"The decision to open a criminal investigation was taken by the state prosecutor," the statement said.

Israel's state comptroller is looking into whether Olmert promoted the interests of two businessmen, described in media reports as close friends of the prime minister, in the state sale of Bank Leumi two years ago.

Neither of the men purchased the bank and Olmert has denied any wrongdoing.