According to the Middle East Observer, Isaac Herzog, member of the Knesset and Chairman of the Israeli Labor party, revealed that Saudi King Salman bin Abdulaziz financed the election campaign of Israeli Prime Minister, Benjamin Netanyahu.
“In March 2015, King Salman has deposited eighty million dollars to support Netanyahu’s campaign via a Syrian-Spanish person named Mohamed Eyad Kayali. The money was deposited to a company’s account in British Virgin Islands owned by Teddy Sagi, an Israeli billionaire and businessman, who has allocated the money to fund the campaign Israeli Prime Minister Benjamin Netanyahu”, Herzog cited a leaked Panama Paper.
(Update): A spokesperson from Isaac Herzog’s office reached out to Al-Masdar News on Monday to confirm that this quote was fabricated.
Related Panama Papers can be found in the following links: