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Sunday, March 29, 2009

Israel's Olmert cleared in real estate deal

JERUSALEM (AP) — Israeli police on Thursday said they had dropped a criminal investigation into a real estate deal by Prime Minister Ehud Olmert, just days before he leaves office, citing lack of sufficient evidence.

Four other cases against Olmert are still pending.

In the real estate inquiry police investigated allegations that Olmert bought a home in an exclusive Jerusalem neighborhood at a steep discount in exchange for granting favors to the builder. The alleged deal occurred while Olmert was Jerusalem mayor, years before he became prime minister in 2006.

Police spokesman Micky Rosenfeld said the case was closed on Thursday after an investigation showed no "concrete evidence of illegal acts in this case."