The Forward's Nathan Guttman:

A Jerusalem foundation with a fundraising arm based in the suburban home of a Long Island businessman is being probed in Israel in a corruption investigation that is threatening to bring down Prime Minister Ehud Olmert. Investigators are looking into allegations that The New Jerusalem Foundation and Morris (Moshe) Talansky, who heads its American fundraising efforts, served as a conduit for fund transfers to interests tied to Olmert. ...

According to Israeli sources, investigators are probing allegations that Talansky served as a conduit between American donors and Olmert, as well as allegations that Talansky himself provided funds to Olmert.

Update: Tpmcafe's Mrs. P wades into the financials on the Olmert-led New Jerusalem Foundation.

Posted by Laura at May 9, 2008 10:56 AM