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Billy Carter — Part 13
Page 13
13 / 15
AT 97-106
5.
ich was the Minister of Oil. He added that Houdert®
been sent back to the United States. Ee
Coleman stated that on March 19, 1980, he again
turned to Libya at the request of Houderi to again furnish
additional details with regard to the loan to Billy. He
stated that when he arrived in Washington, Houderi had a’.
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
where he met with the Bxecutive Vice-President of the Libyan -
Bank, whose name he cannot recall, who informed him that
he understood the generalities of the loan requested by
Billy, but now wished to know what terms. RA
6" coleman stated that the terms he set forth with
regards to the loan was for a two year grace period at - Pas
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 we
informed the man that collateral would be Billy's residence .
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’ 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 a
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 approximatel
a week upon his return to the United States he or Billy tk,
should contact Houderi in Washington who would have the BE Ags
money.
Coleman stated that he remained in Libya for approximately.
three or four weeks, returning to the United States in April wie
of 1980. eo
Following his return to Plains, he placed a call
eri at the Libyan Embassy, sometime in April, 1980
im to come to the Rabassy with regard to the mo
Coleman stated that he traveled to Washington, where he me
Lib: official of the Libyan Bank, whom he believes was c
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