According to this Folha de S. Paulo videocast from May 13, 2012, a close collaborator of Mayor Kassab — the mayor himself is a building contractor and real estate broker in private life — has grown surprisingly rich during his tenure licensing new construction projects.
Hussein Aref reportedly
acquired 106 properties in seven years on the job,as Evandro Spinelli and Rogério Pagnan recount in this video.
With monthly income of R$ 20,000, between a city salary, including pension, of R$9,400 and income from rent, Aref Saab, 67, accumulated assets of over R$ 50 million between 2005 and 2012. He owns at least 118 properties, including 24 slots in parking garages.