Jamal Awil

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Creditors were pressured to overpay for worthless land in lieu of debt. [fact]

  1. Another lender, who was owed 1.2 billion lire, suffered a similar fate: he was persuaded to buy land from the debtor for a sum of 1.4 billion, which meant he had to pay an additional 200 million lire over what he was owed. The land was worth only about half that price (OSAG: 480-481).
Diego Gambetta, The Sicilian Mafia The Busi…, loc. 977