http://www.stabroeknews.com/2010/stories/07/13/fbi-probing-guyanese-realtor-us40000-loan-to-queens-congressman/<snip>
A New York-based Guyanese businessman is at the centre of a Federal Bureau of Investigation (FBI) probe into an undisclosed US$40,000 personal loan he gave to US Congressman Gregory Meeks in 2007.
The New York Daily News has reported that Meeks made no payments on the loan from real-estate developer Edul Ahmad until after the FBI started asking questions, at which point he paid it off with interest. “I have no comment,” Ahmad, 43, told the New York Post as he rushed from his Ozone Park McMansion into a waiting Cadillac. When asked to clarify his relationship with the embattled lawmaker, he snapped, “I have none.”
The report said Ahmad runs a real-estate agency, a mortgage company, a catering hall and several other businesses in the US and in the Dominican Republic. It also described him as a donor to several political campaigns, noting that he has given more than US$60,000 to mostly Democratic campaigns and political action committees statewide in the last 15 years, including several donations to Brooklyn State Senator John Sampson and Governor David Paterson.
The Daily News reported that Meeks, who represents the 6th District of New York,
Gregory Meeks received the loan from Ahmad in January 2007 to finish paying off his new US$830,000 home. It added that there was no discussion about interest rates, due dates or collateral requirements for the loan and Meeks did not report it on his 2007 and 2008 financial disclosure forms.
---------------