Segev was the minister of energy in the governments of Yitzhak Rabin and Shimon Peres in the 1990s and also spent a period in the Knesset National Assembly.
In 2004, he was arrested when he attempted to smuggle over 30,000 ectasy pills from the Netherlands to Israel and sentenced to five years in prison.
In 2018, he was arrested again and prosecuted for espionage in favor of Israel’s arch-enemy Iran. The trial against him started in July, but has gone behind closed doors.
On Wednesday, the Ministry of Justice informed Israel that Segev acknowledges having spied on Iranian intelligence and has entered into an agreement with the prosecution.
The agreement means that he must be 11 years in prison, but the formal verdict will take place on 11 February.