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Just weeks before Election Day, a former banker has filed a lawsuit in Cook County Circuit Court claiming he was fired for reporting to his bosses that there had been some shenanigans with the paperwork on a loan involving the purchase of Barack Obama’s South Side home and its neighboring lot.
Kenneth Conner claims in the suit that an appraisal found the vacant lot purchased by Obama fundraiser Antoin “Tony” Rezko was worth $125,000 less than the bank’s first appraisal. The Republican National Committee was peddling the suit today with the apparent hope that Conner’s allegation would lend credence to the suggestion Obama needed Rezko’s help to finance the purchase of the Kenwood home–something Obama has denied.
The suit also includes this intriguing assertion: The Rezko loan file was subpoenaed by a federal grand jury in Chicago, and when the bank responded to the subpoena the lower appraisal wasn’t included in the papers sent to federal investigators.