Nadhmi Auchi, the British Iraqi billionaire banned from France and implicated in the U.N. oil for food scheme loaned money to convicted felon, Tony Rezko. Rezko loaned money to Obama so he could buy his mansion in Chicago. The house, of course, violates the loan limits according to Freddie Mac. The Obama Fannie Mae/Freddie Mac home mortgage is $903,000 over the legal limit.
In addition, the home is actually owned by Rezko‘s lawyer, William Miceli, and Obama formerly worked for him. The house ownership is included in a public record.