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Billy Carter — Part 13
Page 13
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ea hich was the Minister of O11. He added that Houder
ifKewise been sent back to the United States. |
See
~ Coleman stated that on March 19, 1980, he again
returned to Libya at the request of Houderi to again furnis
‘- additional details with regard to the loan to Billy. He -
|. stated that when he arrived in Washington, Houderi had a 7
check for him in the amount of $20,000.00, payable to Bill
‘= Cagter, which he gave to Coleman, who then in turn mailed
- it directly to Billy at Plains, Georgia, from Washington,
D.C, Coleman stated that he subsequently traveled to Libya
where he met with the Executive Vice-President of the Libyan
Bank, whose name he cannot recall, who informed him that Pars
he understood the generalities of the loan requested by
Billy, but now wished to know what terms. oo, eee
e"" coleman stated that the terms he set forth with
regards to the loan was for a two year grace period at -
. interest only, and that at the end of three years, a principal ~
‘eres... Plus interest payment with the payoff to be at the end a
“ie ol“ ef five years at 10 percent interest. He stated that he oeype™
informed the man that collateral would be Billy's residence .
in Buena Vista, Georgia, which had been appraised at. $400,000.00,..
“ @B well as 35 acres in Plains, Billy's Service Station,
as well as another 60 acres. Coleman stated that no papers
, OX Gocuments passed between he and the banking officials,
_ and neither did he sign any papers on his own or on Billy ~
Carter’# behalf. He advised that this information was given
. ۩ the bank apparently for their information and approval. _
_He stated that before he left Libya, Al~Shahat! informed ~:
him that the loan had been approved, but not for the original.
request of $500,000.00. He stated that Al-Shahati informed -
him that it was a “substantial amount," and that in approximately
a week upon his return to the United States he or Billy |. . =; .
should contact Houderi in Washington who would have the 3 sgh ye
money. Oe
Coleman stated that he remained in Libya for approximately.
three or four weeks, returning to the United States in April ~~. s8ecs" &
of 1980. meres
?
a, Following his return to Plains, he placed a call
tO Honderi at the Libyan Embassy, sometime in April, 1980,°%
* informe’: him to come to the Embassy with regard to the mon
stated that he traveled to Washington, where he met
Libyan official of the Libyan Bank, whom he believes was callie
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