A Tel Aviv judge has ruled that the state may continue to freeze 4.9 million dollars belonging to billionaire Arcadi Gaydamak. According to the judge, the state prosecution has built the beginning of a case against Gaydamak, and there is reason to believe that they may be able to serve him with an indictment in the near future.
The prosecution is accusing Gaydamak of money laundering. If they do not serve Gaydamak with an indictment within 90 days, his money will be returned to him.
Gaydamak has accused the police and other officials of persecuting him. According to Gaydamak, recent accusations against him show that powerful people in Israel fear his new political movement, Social Justice, which has been very popular in recent surveys.
The prosecution is accusing Gaydamak of money laundering. If they do not serve Gaydamak with an indictment within 90 days, his money will be returned to him.
Gaydamak has accused the police and other officials of persecuting him. According to Gaydamak, recent accusations against him show that powerful people in Israel fear his new political movement, Social Justice, which has been very popular in recent surveys.