TEL AVIV: Israel’s Prime Minister Benjamin Netanyahu was back in a Tel Aviv court on Wednesday for the latest hearing in his long-running corruption trial, which opened in May 2020.
The prime minister kept a smiling face as he and his entourage of several ministers from his conservative Likud party were heckled by protesters en route to the tribunal.
It comes after US President Donald Trump suggested on Monday that the Israeli premier should be pardoned in his three separate corruption cases.
His latest appearance at the Tel Aviv court also follows the return of the hostages taken by Hamas as part of Trump’s US-brokered plan to end the Israel-Hamas war in Gaza.
In one case, Netanyahu and his wife, Sara, are accused of accepting more than $260,000 worth of luxury goods, including champagne, cigars and jewelry, from billionaires in exchange for political favors.
In two other instances, Netanyahu is also charged with attempting to negotiate better press coverage from two Israeli media outlets. He has denied any wrongdoing, claiming to be the victim of a political plot.
During his current term, which started in late 2022, Netanyahu has proposed far-reaching judicial reforms that critics say sought to weaken the courts.
Those prompted massive protests that only abated after the onset of the Gaza war, sparked by Hamas’s October 7, 2023 attack on Israel.
In an address on Monday to the Israeli parliament, the Knesset, Trump told the chamber that Netanyahu should receive a pardon in the graft cases.
“Cigars and champagne, who the hell cares about that?” Trump joked, before asking his Israeli counterpart Isaac Herzog: “Why don’t you give him a pardon?“
The Israeli premier is also subject to an arrest warrant issued by the International Criminal Court (ICC) on suspicion of ordering war crimes in his government’s assault on Hamas militants in Gaza.
Netanyahu holds the record for the most years spent at the head of Israel’s government, having served 18 years in several stints as premier since 1996.
Netanyahu back in court for hearing in corruption trial
https://arab.news/w9sxa
Netanyahu back in court for hearing in corruption trial
- PM, wife accepted $260,000 worth of gifts from billionaires in exchange for political favors
- He also faces charges of war crimes at the ICC over Israel’s attacks against Gaza civilians
Syria’s growth accelerates as sanctions ease, refugees return
- Economy grows much faster than World Bank’s 1% estimate, fueling plans for currency’s relaunch
NEW YORK: Syria’s economy is growing much faster than the World Bank’s 1 percent estimate for 2025 as refugees flow back after the end of a 14-year civil war, fueling plans for the relaunch of the country’s currency and efforts to build a new Middle East financial hub, central bank Governor AbdulKader Husrieh has said.
Speaking via video link at a conference in New York, Husrieh also said he welcomed a deal with Visa to establish digital payment systems and added that the country is working with the International Monetary Fund to develop methods to accurately measure economic data to reflect the resurgence.
The Syrian central bank chief, who is helping guide the war-torn country’s reintegration into the global economy after the fall of Bashar Assad’s regime about a year ago, described the repeal of many US sanctions against Syria as “a miracle.”
The US Treasury on Nov. 10 announced a 180-day extension of the suspension of the so-called Caesar sanctions against Syria; lifting them entirely requires approval by the US Congress.
Husrieh said that based on discussions with US lawmakers, he expects the sanctions to be repealed by the end of 2025, ending “the last episode of the sanctions.”
“Once this happens, this will give comfort to our potential correspondent banks about dealing with Syria,” he said.
Husrieh also said that Syria was working to revamp regulations aimed at combating money laundering and the financing of terrorism, which he said would provide further assurances to international lenders.
Syria’s central bank has recently organized workshops with banks from the US, Turkiye, Jordan and Australia to discuss due diligence in reviewing transactions, he added.
Husrieh said that Syria is preparing to launch a new currency in eight note denominations and confirmed plans to remove two zeroes from them in a bid to restore confidence in the battered pound.
“The new currency will be a signal and symbol for this financial liberation,” Husrieh said. “We are glad that we are working with Visa and Mastercard,” Husrieh said.
