Ford government appointee removed over serious allegations
Ford government appointee removed over serious allegations
Sajjad Hussain said he was honoured to have been appointed. He didn’t address allegations that he misappropriated millions from a Markham development.
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Hussain and Sunrise’s co-director, Muzammil Kodwavi, had improperly diverted more than $10 million intended for the townhouse project, the receiver alleged. The money was allegedly transferred to the two directors as well as several other companies they’re affiliated with.
The receiver alleged in a Dec. 2022 court motion that the directors then cooked the books, maintaining an inaccurate ledger to conceal the true nature of transactions that “only served to enrich themselves and non-arm’s lengths parties to the detriment of the company and its creditors.”
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They should be sent to jail ! If I stole 500$ they would send me to jail, why stealing 10 millions would not ?
I think the key is found in the terminology. They didn't steal, they diverted. We have to call theft where we see it, not paper it over with euphemisms.
That's the parent's mistake. They have to divert the $500, then they'll be fine.
Dang it Ontario! Every time i see a headline about your governor my initial thought is "what has Ford Motor Co. done this time?"
Every. Time