State Closes One Case against Olmert

Ad Feedback - JERUSALEM, Israel - State Prosecutor Moshe Lador closed one of several investigations against outgoing Prime Minister Ehud Olmert.

The Bank Leumi case alleged that Olmert used his position as acting finance minister in the Sharon government to ensure that Australian businessman Frank Lowry won the bank's privatization tender.

While evidence showed Olmert's involvement in the sale of the bank's controlling shares, the State Prosecutor's Office concluded that despite efforts to follow the paper trail in Israel and Australia, in the end they didn't come up with enough documentation to prosecute the case.

Meanwhile, after announcing his intention to indict Olmert on the Rishon Tours case last week, which alleges multiple billing of Olmert's trips abroad, State Attorney General Menachem Mazuz has yet to issue the indictment.

Mazuz was not involved in Lador's decision on the Bank Leumi case because his sister, Yemima Mazuz, was senior legal counsel in the Treasury at that time.

Olmert's media watchdog, Dan Amir, was pleased that one case has been closed.

"It would have been wiser to wait patiently before declaring his guilt so bluntly. The prime minister is sure the other cases against him will have a similar result," Amir said.

Source: YNet news

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