Israeli attorney-general plans to charge Netanyahu in corruption cases
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Israel’s attorney-general announced on Thursday he intends to indict Prime Minister Benjamin Netanyahu on corruption charges, a decision coming just six weeks before a closely contested national election.

It was the first time a serving Israeli prime minister has been put on official notice of planned prosecution, and deepened uncertainty over how Netanyahu, a veteran right-wing leader, will fare against a coalition of upstart centrist rivals.

An actual filing of the charges of bribery, fraud and breach of trust would depend on the outcome of a required hearing, the Justice Ministry said. That could take months to complete.

At that hearing - which could take place after the April 9 election - Netanyahu can try to persuade the attorney-general, Avichai Mandelblit, not to indict him.

His voice brimming with indignation as he addressed the nation during prime-time TV news, Netanyahu dismissed the three criminal cases as a political “witch-hunt” designed to oust him.

“I intend to serve you and the country as prime minister for many more years. But it’s up to you,” he said, referring to his hopes of winning a fourth consecutive term in April.

“It’s not up to the civil servants. It’s not up to the television studios. It’s not up to the pundits and journalists.”

Netanyahu is suspected of wrongfully accepting $264,000-worth of gifts, which prosecutors said included cigars and champagne, from tycoons and dispensing favors in alleged bids for improved coverage by an Israeli newspaper and a website.

He could face up to 10 years in prison if convicted of bribery and a maximum 3-year term for fraud and breach of trust.

Israel’s shekel weakened against the dollar on the news. It was trading at 3.63 per dollar at 1620 GMT, from 3.6240 before the announcement and down 0.4 percent versus the U.S. currency from Wednesday.