Israeli Prime Minister Under Suspicion For Real Estate Fraud Also

by Tom Royce on August 17, 2006


EhudOlmertThis is nothing unusual, politicians taking a sweetheart deal on a piece of prime real estate, but the Prime Minister of Israel Ehud Olmert has probably crossed the line by taking a property for 500,000 dollars below market value and then giving special consideration those very same contractors for permits.

Lindenstrauss’s statement came in response to a report in the Haaretz daily that Olmert is to be questioned about the real estate deal in which he allegedly bought a Jerusalem apartment for about $500,000 below its market value. In exchange, Olmert associates allegedly helped the contractor obtain unusual permits from the Jerusalem municipality, Haaretz said in the report. via Jerusalem Post.

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