The Balad suspects allegedly smuggled in millions of dollars in cash in suitcases into Israel from abroad for the Israeli-Arab political party.
About 200 people participated in a demonstration in Nazareth in solidarity with Balad following the arrests. Activists demanded that police stop their pursuit of party members and announced that they will continue to protest against the arrests. Among the participants were Joint Arab List members of the Knesset.
In a statement this morning, Balad officials said, "Again, we say that this is political persecution designed to harm our good image. In the end, it's a storm in a teacup. Arab society doesn't believe the lies of the police. Everyone supports us and stands with us. These arrests will not deter us, but rather strengthen our path. We will continue to be a big part in the public struggle for justice."