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| Hanif (chiko) Nanji 7928033 Canada Inc. landlord, Chiko Nanji, poor business practices Montreal, Quebec |
| 27th of Nov, 2011 by User775627 |
| We are publicly posting this as a service to those that are investigating the possibility of entering into a lease, rent or purchase contract with the aforementioned individual, Mr. Chiko Nanji, of Montreal and Toronto Canada, and his group of companies such as LDC Logistics. With the consent of my client, I believe this post is pertinent to maintaining a record of transparency, when it comes to poor business practices and dishonest dealings. The focus of this warning is to establish that Mr. Chiko Nanji should be avoided, and/or handled with caution; to provide further insight into the reasoning behind this claim, I offer the following information: 1) Mr. Chiko Nanji and his associates have a very narrow scope and understanding of multi-time zone business communications, and international business practices. He had his duly employed repeatedly phone office phone numbers and direct phone lines of people who were established as living and working in time zones Pacific Standard Time locations, first thing in the morning from his Eastern time zone office. Rather than acting with the information provided, they made a simple error and tried to reach people as they slept. When his employed could not reach somebody by way of phone and only reached answering machines, they did not leave voice mails, and they accused my client of misrepresentation and questioned the legitimacy of my clients operations; all within a 60-120 minute period. When they were reminded of the time zone difference, they maintained their staunch position. 2) Mr. Chiko Nanji had an associate, without properly arranging a meeting or without prior communication or notice, attempt to gain entry to my clients office. When Mr. Chiko Nanji's associate could not gain entry to the private office, he made claims that the office did not exist. The thought or possibility that the office is private and may be listed in the name of the firms holding company did not enter into consideration. They presumed that all offices are public and can be easily accessed, even in a large corporate office sky scraper with numerous security mechanisms in place. 3) After Chiko requested of my client, multiple bank references and proofs of funds from one of Canada's top banks, these were produced; showing assets that were 20-30 times greater than the capital required for the proposed business arrangement. Mr. Chiko Nanji still was not comforted. He continued to think of things that he would also like to receive. 4) At this point my client offered to pre-pay all payments that typically (999 times out of 1000) are made in installments; reducing Mr. Chiko Nanj's risk to almost 0. Such an offer truly is rare and was made due to my clients growing desire to simply end this troubled negotiation. It must be noted that the cost of this agreement was in the 6 figure dollar range and my client usually only spends time on 8 and 9 figure transactions; so it was becoming a nuisance. 5) In a market place where assets move very quickly, Mr. Chiko Nanji canceled meetings and indecisively delayed and drew out the engagement period with my client for 2-3 weeks (these things typically take 3 days). After finally meeting with my client, a meeting which was to be a "final due diligence" check, Chiko proceeded to converse about how he was still unsure if he even wanted to enter an agreement for his asset-- and speculated that he may just simply want to maintain the asset for his personal use. Needless to say, the other comparable assets that my client was interested in as secondary options were no longer available after this protracted period of time-- and when it was surprisingly learned that Mr. Chiko Nanji did not want to move forward (Again, he turned down complete up front payment), claiming he wanted the asset for his personal use, my client was left with substantially lesser quality options. Of course, this is the risk of entering into such engagement periods-- however, this does not change the poor experience that was, dealing with Mr. Chiko Nanji . 6) Of course, just 1-2 weeks after wasting my clients time, Mr. Chiko Nanji made his asset available to the market once again. Whether he changed his mind, or simply lied to my client is not important. What is important is that you be aware that Chiko has been shown to be a low integrity, time wasting and none-too-savvy business person that should be avoided. It is my simple assessment that Chiko enjoys the position of power in negotiations, regards selling and leasing assets as a hobby and not a process for profit seeking. He seems to think without logic but more based on emotion, and can not be dealt with in a traditional manner. I advise that you steer clear Mr. Chiko Nanji, or at the very least handle him with extreme care. This post is not made with any ill will, malice or negative affections for the aforementioned. This is simply an effort to take make use of new technologies, to create more transparency in business and professional dealings; which will ultimately lead to better experiences and higher integrity dealings for everybody. Thank you for your time. |
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