"dishonest" and had "no factual basis". Olsen denied any wrongdoing, saying "...I absolutely refute Mr Clayton's assertion. The report clearly indicates there are no criminal activities, no illegal activities." Nonetheless, amid speculation that he would face a leadership challenge, he resigned as Premier on 10 October 2001. He did not stand for re-election in 2002. Following the Clayton report, the matter was referred to the then Director of Public Prosecutions, the late Paul Rofe, QC. The Director of Public Prosecutions found no illegal activity and disagreed with some of the findings from the Clayton report. Olsen claimed he was vindicated, noting that two out of three reports had cleared him of any wrongdoing. In 2018 Olsen stated that "I note that the standard I applied to myself at the time seems to have disappeared from modern politics.” Liberal Party presidency On 24 May 2017 Olsen announced that he had been asked to stand for the position of State President of the SA Liberals at a party vote on 16 June with cross-factional support, after incumbent Steve Murray stood down from the position on 23 May to contest Davenport at the 2018 state election. Olsen was successful. He had previously served as state president in 1979, before giving up the post to enter parliament. Olsen stepped down from this role in September 2020. Prior to becoming Liberal Party President, Olsen was a registered political lobbyist and had worked with Bespoke Approach as a Special Advisor. In 2020, Olsen was elected President of the Federal Liberal Party. He was elected unopposed with the support of Prime Minister Scott Morrison. Consul-General in Los Angeles & New York Since leaving South Australian politics, Olsen was appointed by the Howard federal Liberal government as Australian Consul-General to Los Angeles. On 7 December 2005, his Liberal Party colleague and fellow South Australian, Australian Foreign Minister, Alexander Downer announced that Olsen would become the new Australian Consul-General in New York. Olsen started G’Day USA in 2004, a week-long program showcasing the best of Australia. The program expanded to New York in 2007 and has become the largest annual foreign country promotion in the United States. Football administration Olsen was appointed chairman of the South Australian Football Commission in 2010. He played a role in the negotiations to move football from Football Park to Adelaide Oval. He served as president of the South Australian National Football League (SANFL)