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Wednesday, June 4, 2008 - Page updated at 04:40 PM

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Former Israeli finance minister indicted

JERUSALEM —

An Israeli court has indicted the country's former finance minister for embezzlement, fraud and money laundering.

Avraham Hirchson is charged with stealing about $755,000 from a workers union he headed in 2003.

Hirchson, a loyal ally of Prime Minister Ehud Olmert, resigned last July to fight the accusations. The indictment comes as Olmert faces his own corruption investigation that threatens to oust him from office.

The indictment against Hirchson was filed at the Tel Aviv District Court on Wednesday. According to the indictment, Hirchson is suspected of using the union's money to fund his election campaign and vacations abroad.

Calls to Hirchson's aides were not returned Wednesday.

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