Saturday, February 04, 2012

Courthouse News Service

Courthouse News Service

Wonder where this trail leads? [h/t] Bessie...  deconstruct it for us please:  Such as a State of Illinois facilitiy....
A man claims his business partner, a key witness in the Antoin Rezko and Ron Blagojevich trials, owes him $4 million after lying about their joint real estate projects.

Faysal Mohamed sued lead defendant Ali Ata in Cook County Court. The 6-page complaint describes Ata as "a recently convicted felon associated with 'Tony' Rezko and corruption in the Blagojevich administration. He and the plaintiff were joint venturers in many matters until plaintiff disassociated himself from Mr. Ata."

Mohamed claims defendant Illinois residents Katherine Aglikin and Bassam Salman "aided and abetted Ata in the breach of fiduciary duties Ata owed plaintiff."
Ata testified at both Rezko's and Blagojevich's trials, as part of a plea bargain in which he pleaded guilty to lying to the FBI and cheating on his taxes.
Mohamed's complaint states: "In 1993 the plaintiff and Ata made an oral agreement that they would purchase property in Cook County and develop the same preferably with an anchor tenant such as Walgreens or a CVS drug store or a State of Illinois agency facility such as the Secretary of State or the State Police.


Anonymous said...

“These Arab community “leaders,” he says, “would tell the community that if they bought tickets to their “candidate’s nights,” their organization fundraisers or donated through them to local politicians, these politicians would respond by giving the Arab American community empowerment.”

“In truth,” Hanania says, “these political leaders lied.”

“They did get jobs, contracts and clout,” he notes, “but the people who benefited were not members of the community but rather the relatives, children, friends and business associates of these leaders.”

Ata has done well as a member of the Combine. In 2004, his net worth was $12 million, according to the Tribune. In one state deal, Ata and partners, Faysal Mohamed, Fuad Mohamed and Refat Zayed, “took in more than $3.2 million from taxpayers by leasing a West Side office building to the state over 10 years,” the June 6, 2005 Sun-Times notes.

Rumman is also of Middle Eastern descent. He left his $120,900-a-year job in April 2005, after “Auditor General William Holland accused CMS of wasting taxpayer money, skirting state purchasing laws and failing to document hundreds of millions of dollars in alleged savings the agency attributed to its hiring of high-priced consultants,” the March 11, 2007 Sun-Times reported.

Rumman went on to become a major investor with the Iraqi-born Auchi and Syrian-born Rezko in Riverside Park and Rumman was the point man on a now canceled $200 million power plant contract in Iraq

This was copied from the old RBO site which is of course no longer up...

Anonymous said...

Ata was a major contributor to the candidacy of Blagojevich, who served as a congressman before becoming governor. Ata reportedly donated more than $60,000 to Blagojevich. Ata has been active in supporting Arab American causes and was instrumental in helping to make ADC active in Chicago.

But Ata’s ties to the state date back to Edgar and Ryan. He and three partners received more than $3.2 million when they convinced the state to lease a building they owned at 3500 W. Grand Avenue on Chicago’s poverty-stricken West Side in the early 1990s.

Yet, the group, which included Faisal Mohammad, a prominent member and executive director of the the nearby al-Aqsa School which is located across from the Mosque Foundation/Bridgeview Mosque, reportedly defaulted on the property but failed to inform the state, according to the Chicago Sun-Times news reports.

In January 2004, Ata was appointed to a $127,000-a-year job as executive director of the Illinois Finance Authority, one of Blagojevich's showpiece government streamlining initiatives, even though he had no finance experience and held a degree in engineering. Ata left the post in March 2005 following a state audit of his agency that criticized its performance and practices.

A month later, Ata was offered a three-year contract worth a total of $165,600 to be a consultant to the Illinois Finance Authority on a coal-related energy initiative downstate. He declined the contract, according to the Sun-Times, after the newspaper began inquiring about his employment and the building lease

It would seem these guy's spent all their money and their friends money on lawyers...they should have gotten a group discount.

Anonymous said...

Bill; Ali Ata's testimony from the Rezko trial...cross examination by Duffy begins on page 161 and his relationship with Faysal Mohammad on page 174...

It looks like these guy's took a huge hit with the housing bubble...