ISLAMABAD -UNS: The victims of the fraud company Square Nine Developers protested against the fraud of six billion rupees. A effect tees of financial scandal staged demonstration in front of NPC, Islamabad, in which the protesters chanting slogans against the CEO of Square Nine, Waleed Malik and said that he black mailed people in the name of plots and flats.
The protesters demanded the immediate arrest of Waleed Malik and said that he should be brought to justice and the losses of all these victims should be redressed.
The protesters urged the government to take strict action against Waleed Malik in this matter and conduct a thorough investigation into the fraud so that overseas Pakistanis can be protected from such fraud in future.They demanded to recover looted money.
The protesters expressed grief over the embezzlement of 6 billion rupees through fraud. The protest by victims of the alleged scam was attended by protesters in large numbers, with participants holding banners and placards calling for “immediate arrest of Waleed Malik” and “justice to the victims and return of the looted money to the victims.”
The protesters said that Waleed Malik fraud local people and overseas Pakistanis to the tune of billions of rupees, encouraging people to buy flats with false pretences and promises that the properties would be rented out. The protest demanded that the government and the relevant agencies should immediately investigate the matter and provide justice to the victims of this scam and return their looted money.
They said that due to the fraud of Waleed Malik, the owner of Square Nine, the hard earned money of many people and overseas Pakistanis has been lost and their lives have been badly affected.
