Las Vegas Sands (LVS - Get Report)  CEO Sheldon Adelson will give Israeli police testimony in conjunction with an investigation into allegations of wrongdoing by Israeli Prime Minister Benjamin Netanyahu, Israel's Channel 2 reports.

Adelson, a friend of Netanyahu, along with his wife, are slated to be questioned by police during their trip to Israel next week.

They will be interrogated regarding allegations that Netanyahu attempted to trade better coverage in an influential Hebrew newspaper in exchange for reduced circulation of a free daily publication owned by Adelson.

Adelson agreed to talk to police after they informed him he wasn't suspected of criminal activity, the report said.

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