video transcript

Former Israeli Prime Minister Ehud Olmert greets supporters in court. He was acquitted of corruption charges Tuesday, including allegations he received $150,000 in cash bribes from a U.S. businessman and knowingly double-billed Israeli charities for overseas fundraising trips. "There was no corruption, there was no receipt of money," he told the media after the verdict. The former PM says he respects the court's decision to convict him on a lesser charge. The court ruled he was in breach of trust for dealings he had as trade and industry minister with projects involving a long-time friend. The crime carries a maximum penalty of three years in prison. Olmert resigned as the country's prime minister amid the allegations and is also accused in another case involving bribery. Lindsey Parietti, Reuters