Citibank sues Ground Zero Mosque developer for $100K
- 12/3/10, "Citibank sues Ground Zero Mosque developer Sharif El-Gamal for $100,000," NY Daily News, by J. Fanelli
- In a complaint filed in Manhattan court, Citibank charges Sharif El-Gamal and his real estate firm, Soho Properties, have balked at repaying $99,489 borrowed from a business credit account in the past year.
- "In every industry at this time, major business leaders are working with their financial institutions to restructure their debt in order to take advantage of historically low interest rates," he said in a statement.
- after they defaulted on a loan in 2009,the suit charges.
- The suit was later withdrawn, and the matter was resolved out of court."
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