MTCC #710
wins judgment
Citation:
MTCC No. 710 v. Khan
Court File No: CV-12-9586-00CL
Date:
29 September 2012
On 29 September 2012, in Superior Court, Justice Brown found that the
evidence overwhelmingly established that Khan orchestrated a massive
fraud against MTCC #710 (a condominium apartment building at 236 Albion
Road) by using Channel and other related companies to invoice MTCC #710
for work which was never performed.
MTCC #710 was awarded a total of $1,332,943.78 in damages and
$105,876.19 in costs. Manzoor Khan and his half-a-dozen companies did
not defend the action.
Will
the plaintiff collect?
How much will the plaintiff collect on their $105,876.19 investment?
Nothing.
I am sure Manzoor became what the Chinese call "a naked
man." All of his assets were stashed overseas or put in his relatives'
names.
The
set up
MTCC #710 hired Best Consultants in December 2006 to prepare
specifications for exterior wall work. On May 1, 2007, Channel, a
company
of which Khan was the principal, was the exclusive property
manager for MTCC #710.
In the spring of 2007 MTCC #710 borrowed $5.5 million to fund certain
repairs to the condominium.
The
contracts are signed
Channel completed the contract documents, called for tenders and
decided which companies would provide quotations or bids. Four tenders
were received, including one from Canali with a low bid of
$1,207,110.00 with a contingency of $181,066.50.
MTCC #710 entered into an 18 June 2007 contract with Canali to do the
work. With subsequent change orders the final value of the Canali
Contract was $1,312,259.00. The condominium’s consulting engineer, Best
Consultants, paid Canali (a Khan controlled company) in excess of
$1,269,893.00 to perform work on the outer walls.
The Administrator’s inquiries with Wall Savers
disclosed an almost identical contract of the same date with Wall
Savers for the same work with a contract value of $659,980.06 and a
contingency of $98,997.01.
Wall Savers, not
Canali, performed the actual work. Wall Savers thought that MTCC #710
was paying it and they were not aware of Canali.
Khan profited to the tune of $586,500.00, representing the difference
between the amounts paid to Canali and those paid to Wall Savers.
Canali invoiced the condo a further $911,837.00 for work which was
never done, but for which Canali received payment.
The condo corporation pleaded that the net overcharge by Canali of
$1,251,500.00 constituted breaches of contract, trust, statutory duty,
fiduciary duty, conversion, fraud and conspiracy. MTCC #710
alleged that Khan “was the mastermind of this massive fraud” and was
personally liable as such.
The condo alleged that another of Khan’s companies, PMP, submitted a
fraudulent invoice to it for $12,600, plus GST, notionally to supply
stone to level a temporary parking area, but such work was never
performed by PMP. Khan authorized the payment of this fraudulent
invoice and other payments to PMP.
The condo also alleged that Khan authorized the payment of a fraudulent
invoice submitted by another one of his companies, Mountview, in the
amount of $35,723.60 for the disposal of concrete, work that was never
performed.
Finally, the condo claimed that Khan authorized the payment of
$107,298.00 to Lakewood, another company that he owned for work the
latter never performed.
How
the companies were linked
Khan was a first director of Canali, resigning in April 2008. Khan
owned the condominium unit whose address PMP designated as its
registered office. Khan was a director and officer of Mountview along
with Rohin Sarwari and the address for the registered office of
Lakeview was the same as that for Mountview.
The
board made it easy
The $5.5 million that MTCC #710 borrowed in the spring of 2007 was
deposited at Khan’s direction into Channel’s bank account.
Hamed Baloutch was a member of the condominium’s board from November
2006 until February 2009. He deposed that the Board relied on
Khan’s advice regarding payments to be made to service providers and
contracts for MTCC #710:
“If Channel or Khan had approved a
payment and gave the Board a cheque to sign, the Board members would
sign the cheque.” Said Duale, a Board member from November 2006 until
June 2010, gave evidence to the same effect.
Baloutch recalled signing the Canali Contract, but he was not aware
that Khan was affiliated with Canali: “Khan did not disclose that fact
to the Board and the Board did not consent to same. If I had known that
Khan was affiliated with Canali, I would not have agreed to hire
Canali.” Duale, the other director, deposed to the same effect
A
bribe is offered
Hamed Baloutch, a former MTCC 710 director, deposed that in July 2011
Khan met with him and presented a letter dated May 1, 2007 which Khan
had signed.
The letter stated that Khan owned 100% of Channel and that he was
“indirectly affiliated” with Canali, PMP, Reliance and Lakewood – “the
owners of these businesses are either my family member or my relative”.
Khan asked Baloutch to sign the letter on behalf of MTCC #710 in return
for a cash payment; Baloutch refused.
Administrator
smells a rat
This Court appointed Jim Bezemer
as administrator of MTCC #710 on June 7, 2010. Bezemer deposed that as
a result of inspections he conducted in mid-June 2010, he discovered
that repair work covered by two contracts with Structural Contracting
(2007 and 2008 contracts) and Canali (2007 contract) was not complete
and further repairs were required.
As a result of his inquiries, he terminated Channel’s management
contract on 24 September 2010.
As a result of irregularities Jim Bezemer discovered during his review
of the repair contracts, he obtained a court order dated 05 January
2011 from Justice Randy Echlin appointing him as inspector pursuant to
section 130 of the Condominium Act.
On 08 February 2011, Bezemer discovered the falsified Wall Savers
contract. This lawsuit was commenced on 29 April 2011, some 10 months
following the administrator’s appointment.
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