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First rally for new Israel party First rally for new Israel party
(30 minutes later)
A new Israeli political party launched by a Russian-born billionaire has held its first rally, vowing to become a major political player in the country.A new Israeli political party launched by a Russian-born billionaire has held its first rally, vowing to become a major political player in the country.
The Social Justice Party, headed by tycoon Arcadi Gaydamak, is aiming to topple the government of Ehud Olmert.The Social Justice Party, headed by tycoon Arcadi Gaydamak, is aiming to topple the government of Ehud Olmert.
Correspondents say the party appears to be on the right of the political spectrum, and is expected to focus on issues of concern to immigrants.Correspondents say the party appears to be on the right of the political spectrum, and is expected to focus on issues of concern to immigrants.
Several hundred people attended the launch rally at a Jerusalem hotel.Several hundred people attended the launch rally at a Jerusalem hotel.
The party's first candidates for parliamentary elections were unveiled, although Mr Gaydamak will not personally stand - aiming instead to become mayor of Jerusalem in elections next year.The party's first candidates for parliamentary elections were unveiled, although Mr Gaydamak will not personally stand - aiming instead to become mayor of Jerusalem in elections next year.
"This evening sees the start of a change in this country for true social justice," Mr Gaydamak told supporters and journalists."This evening sees the start of a change in this country for true social justice," Mr Gaydamak told supporters and journalists.
The party says it is seeking peace between Arabs and Jews.The party says it is seeking peace between Arabs and Jews.
Mr Gaydamak has previously said the best candidate for prime minister was the leader of the right-wing Likud opposition party, Binyamin Netanyahu.Mr Gaydamak has previously said the best candidate for prime minister was the leader of the right-wing Likud opposition party, Binyamin Netanyahu.
The party believes it could take around 20 seats out of 120 in the country's parliament, the Knesset, enough to form a key bloc in a future coalition government.The party believes it could take around 20 seats out of 120 in the country's parliament, the Knesset, enough to form a key bloc in a future coalition government.
Mr Gaydamak has accused Mr Olmert and his government of weak leadership, especially during the war in Lebanon last year.Mr Gaydamak has accused Mr Olmert and his government of weak leadership, especially during the war in Lebanon last year.
AllegationsAllegations
Mr Gaydamak is a controversial figure, wanted in France for questioning in connection with an arms-dealing case. He strenuously denies any wrongdoing.Mr Gaydamak is a controversial figure, wanted in France for questioning in connection with an arms-dealing case. He strenuously denies any wrongdoing.
He has accused the French justice system of "political persecution" against him.He has accused the French justice system of "political persecution" against him.
The 54-year-old is a hugely successful businessman in Israel and has made a series of high-profile investments.The 54-year-old is a hugely successful businessman in Israel and has made a series of high-profile investments.
He already owns Beitar Jerusalem, the current football league champions, and is also a sponsor of the Hapoel Jerusalem basketball team.He already owns Beitar Jerusalem, the current football league champions, and is also a sponsor of the Hapoel Jerusalem basketball team.
Mr Gaydamak's son, Alexandre, jointly owns the English Premiership football club Portsmouth with Milan Mandaric, a Serbian-American businessman. Mr Gaydamak's son, Alexandre, owns the British Premiership football club Portsmouth.