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Gaydamak to Quit Race if Deri Runs for Mayor
Reported: 05:26 AM - Sep/10/08
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(IsraelNN.com) Russian-born billionaire Arcadi Gaydamak will quit the race for mayor of Jerusalem if former Shas chairman Aryeh Deri runs. Deri's decision hinges on a decision by election officials whether enough time has elapsed since his convictions for fraud and breach of trust.
Deri has argued that the law changing the seven-year waiting period from the end of a sentence came into effect after he was convicted. Under the previous law, the "time-out" period would have ended last year.
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