Police officials said that the industrialist, Riaz Chinoy, had been recovered in an encounter which took place when Anti-Violent Crime Cell (AVCC) and Capital Police Liaison Committee (CPLC) conducted a raid in Allah Wala Town, Korangi.
AVCC chief Ghulam Subhani said that the men killed in the encounter were affiliated with the Tehreek-e-Taliban Punjab. He added that more people were involved in the abduction.
CPLC officials claim that the kidnappers were demanding Rs70 million in ransom. CPLC chief Ahmed Chinoy said that the negotiations started off at Rs70 million but were brought down to Rs20 million.
He added that the kidnappers had called the family to deliver the ransom money on Monday so they took it from there and carried out an encounter. According to Subhani, the kidnappers had hired a house to keep Chinoy in.
He said that they were looking for the estate agent.
Published in The Express Tribune, December 6th, 2011.
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It is most comforting to know that Riaz Chinoy has been recovered.I pray he always remains in HIS most kindest protection ans Allah be his Hami-o-Nasir,Amin!.I would take this opportunity to congratulate his illustrious mother, father and entire family.