and realizes that the main charge against Olmert is not bribery, that is just the icing on the cake. The main charge is money laundering and tax evasion.
Money laundering the key charge in Olmert case
Money laundering appears to be the key charge the police fraud squad is looking at in the corruption investigation against Prime Minister Ehud Olmert, sources close to the investigation say.
"In the coming days we'll hear a lot of spins about Talansky's testimony and attempts by the various lawyers to discover cracks in it," a law-enforcement source told Haaretz.
"It is important to understand that these claims have almost no importance: Olmert admitted taking the cash, the money was never reported or documented. That in itself is enough to make an indictment stick."
Section 3b of the anti-money-laundering law is intended to make it easier for investigators to collect evidence to prove this offense: The clause does not relate to offenses for which the money was used.
Instead, it says a person has broken the law if he or she "takes action in terms of property, or provides false information with the intent that no report be made ... or of causing an incorrect report to be made."
This is what I have been saying all along. He has no defense. He admitted that he took the cash and he didn't report it, end of story. That in and of itself is a violation of the law.