Page "Ehud Olmert" Paragraph 50

In July 2008, Haaretz wrote that in 1992, Olmert took a loan from U. S. businessman Joe Almaliah, but never repaid it, and concealed the true size of the loan from the State Comptroller.

In March 2003, State Comptroller Eliezer Goldberg asked Olmert to submit the wealth-declaration statement required of all cabinet ministers.

Olmert disclosed that he had taken a loan from Almaliah, but did not say when it was due.

In 2004, Olmert conceded that he had taken $ 75, 000, and stressed that Almaliah had not asked for repayment of the loan.

At Goldberg's insistence, Olmert signed a contract with Almaliah undertaking to repay the loan in January 2009.

According to an indictment, Olmert had actually taken another $ 100, 000 from Almaliah, which was deposited into his personal bank account.

The State Prosecutor's office said that it was not aware of Olmert's repayment of either loan.