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Billy Carter — Part 3

50 pages · May 21, 2026 · Broad topic: Politics & Activism · Topic: Billy Carter · 49 pages OCR'd
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“an 979206 2 ‘among which was the Minister of Oil. He added that Houderi - had likewise been sent back to the United States gain = Coleman stated that on March 19, 1980, he ; i : returned to Libya at the request of Houderi to again furnish 1 additional details with regard to the loan to Billy. He ! i stated that when he arrived in Washington, Houderi had a . 2, check for him in the amount of $20,000.00, payable to Billy Carter, 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 iv where he met with the Executive Vice-President of the Libyan . Bank, whose name he cannot recall, who informed him that eet resters i : he understood the generalities of the loan requested by le ! Billy, but now wished to know what terms. : : -. 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 plus interest payment with the payoff to be at the end of five years at 10 percent interest. He stated that he informed the man that collateral would be Billy's residence ae in Buena Vista, Georgia, which had been appraised at $400,000.00, as well as 35 acres in Plains, Billy's Service Station, as well as another 60 acres. Coleman stated that no papers - or documents passed between he and the banking officials, and neither did he sign any papers on his own or on Billy Carter's behalf. He advised that this information was given to the bank apparently for their information and approval. _ He stated that before he left Libya, Al-Shahati 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 Houderf in Washington who would have the MONCYa ne ee ee Beta ne oe —_— Coleman stated that he remained in Libya for approximately three or four weeks, returning to the United States in April - of 1980. cot : : ed Following his return to Plains, he placed a call 20... © Houderi at the Libyan Embassy, sometime in April, 1980, who informed him to come to the Embassy with regard to the money. . Coleman stated that he traveled to Washington, where he met with a Libyan official of the Libyan Bank, whom he believes was called
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