Netanyahu admits he received $40k from tycoon on trial for fraud

  • AFP
  • Updated: Jun 07, 2016 07:12 IST

JERUSALEM: Israeli Prime Minister Benjamin Netanyahu acknowledged on Monday that he had received $40,000 from a French tycoon on trial for alleged fraud, but said the contribution was not political and was used for promoting Israel. During his trial in France, Arnaud Mimran said he had given one million euros ($1.1 million) in campaign contributions to Netanyahu in 2001, when the Israeli leader was not in public office. Israeli law limits individual campaign contributions to parliamentary candidates to 11,480 shekels (2,670 euros) and 45,880 shekels for party chairmanship races. “There was no contribution by Mimran to Netanyahu’s election campaign. In August 2001, when Mr Netanyahu was a private citizen, Mimran contributed $40,000 to the fund for public activities for Mr Netanyahu, which included numerous educational campaigns abroad in favour of Israel, and made in accordance with the law.”

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