Capping a three-year investigation, Attorney General Avichai Mandelblit charged Netanyahu with fraud, breach of trust and accepting bribes in three different scandals. It is the first time a sitting Israeli prime minister has been charged with a crime.

According to the indictment, Netanyahu accepted hundreds of thousands of dollars of champagne and cigars from billionaire friends, offered to trade favours with a newspaper publisher and used his influence to help a wealthy telecom magnate in exchange for favorable coverage on a popular news site.

The indictment does not require Netanyahu to resign but is expected to raise pressure on him to step down.

Mandelblit was set to issue a statement later Thursday, as was Netanyahu, who has called the allegations part of a witch hunt, lashing out against the media, police, prosecutors and the justice system.

The most serious charges were connected to so-called “Case 4000” in which Netanyahu is accused of passing regulations that gave his friend, telecom magnate Shaul Elovitch, benefits worth over $250 million (Rs 17,93,91,00,000 roughly) to his company Bezeq. In return, Bezeq’s news site, Walla, published favorable articles about Netanyahu and his family.

The relationship, it said, was “based on a mutual understanding that each of them had significant interests that the other side had the ability to advance”. It also accused Netanyahu of concealing the relationship by providing “partial and misleading information” about his connections with Elovitch.

Two close aides to Netanyahu turned state’s witness and testified against him in the case.

The indictment also said that Netanyahu’s gifts of champagne from billionaires Arnon Milchan and James Packer “turned into a sort of supply line”. It estimated the value of the gifts at nearly $2,00,000 (Rs 1,43,51,000 roughly).

The indictment said Netanyahu assisted the Israeli Milchan, a Hollywood mogul, in extending hivisa. It was not immediately clear what, if anything, Packer received in return.