James Packer questioned by police: reports

Billionaire James Packer has reportedly agreed to be questioned by Israeli police in a corruption investigation into allegations Prime Minister Benjamin Netanyahu accepted lavish gifts from the Australian businessman.

Israeli media report Mr Packer and Hollywood mogul Arnon Milchan allegedly gave Mr Netanyahu and his family hundreds of thousands of dollars worth of gifts, including cigars, champagne and hotel rooms.

Mr Packer has so far avoided questioning but will be one of the last to testify in the Israeli criminal investigation into Mr Netanyahu, according to a number of local media outlets.

There is no suggestion of any wrongdoing by the Australian mogul. A spokesperson for Mr Packer has been contacted.