Text: The government's gradual and reluctant admission that, despite previous assurances, banks were sitting on staggering and long-concealed amounts of unrecoverable loans (originally secured against land values) caused an unprecedented crisis of confidence.
Entailment: The government admitted that banks were sitting on staggering and long-concealed amounts of unrecoverable loans.
Contradiction: The government never admitted that banks were sitting on staggering and long-concealed amounts of unrecoverable loans.