Ontario

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Ford government appointee removed over serious allegations (www.thestar.com)

submitted 1 year ago by moormaan to c/ontario

4 comments fedilink hide all child comments

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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[–] [email protected] 4 points 1 year ago

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