Porsche Pakistan CEO Abuzar Bokhari runaway with nearly a billion rupees

Porsche Pakistan CEO Abuzar Bokhari runaway with nearly a billion rupees

LAHORE – A luxury car dealer in Lahore has allegedly run away with nearly abillion rupees after conning people in the name of advance booking forhigh-end cars.

Police said victims of Abuzar Bokhari, the CEO of Porsche Pakistan,registered complaints against him in various police stations across thecity.

Police have informed the Federal Investigation Agency (FIA), seeking theirhelp and measures are being taken to inform Interpol for his extraditionfrom England where he flew off a few days ago.

Police said Bokhari collected Rs 800 million from people in the name of carregistrations and flew to Dubai, UAE after which he went on to London,England and has not returned.

Bokhari is the founder and CEO of the only Porsche dealership in Pakistan,based in Lahore. Initially, Bokhari started off with two partners butcontinued alone with the venture when Porsche formally entered thePakistani market, according to *Profit*.

Porsche presence in Pakistan was provisionally launched in 2006 and thenformally launched in 2008. Since then, it has been in successful operationand has grown significantly.