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Developer accused of fraud appointed to government committee
Sponsored by First Lithium Minerals
Developer accused of fraud appointed to government committee
A director of the Markham-based real estate developer Sunrise Homes who’s currently facing allegations of unlawful misappropriation of millions of dollars has just been appointed to a Program Advisory Committee of the Ministry of the Environment, Conservation and Parks in Ontario.
Sajjad Hussain of Toronto, alongside fellow Sunrise Homes director Muzammil Kodwavi, has recently been accused of diverting substantial sums of money from various construction projects for their personal use, in violation of legal and fiduciary obligations.
However, it was recently found out in a published government appointment in September, Hussain has been appointed “a part-time member of the Species at Risk Program Advisory Committee at the pleasure of the Lieutenant Governor in Council for a period not exceeding three years from the date this Order in Council is made.”
You can read more on the matter here.
First Lithium Minerals is a Canadian mineral exploration and development company. The Company is currently focusing on exploring for alkali metals at its 100% owned OCA project comprised of approximately 9,000 ha of mineral exploration concessions located in the salars of Ollague, Carcote, and Ascotan in the Antofagasta Region of northern Chile.
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FULL DISCLOSURE: First Lithium Minerals is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of First Lithium Minerals. The author has been compensated to cover First Lithium Minerals on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.