Israel

January 2007 | Risk Summary

The investigation of Finance Minister Abraham Hirschson over allegations relating to a fraud committed (by one of his employees) is the latest in a string of bad news for the Kadima-Labor coalition currently holding on to power. Former Environment Minister Tzachi Hanegbi has been indicted for fraud, while Prime Minister Ehud Olmert himself (as well as party founder Ariel Sharon's son Omri) has also been investigated on corruption charges. Indeed, a survey taken by Maagar Mochot for the Sderot Conference on Social Affairs in November 2006 revealed that the public considered Olmert the most corrupt person in Israeli politics, which

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