KARACHI - MQM chief Altaf Hussain has thanked the business community and people for observing a peaceful protest against govt and police inaction in curbing the extortion mafia.

He hoped that the firm assurances given by President Asif Ali Zardari would translate into action and the beleaguered business community would be given adequate protection of life and property.

Altaf said the increasing activities of extortion mafia had adversely affected the business activities in Karachi, and the business persons were forced to relocate their businesses to other places.

“The MQM will continue to raise voice against collection of extortion and activities of the criminals at every forum.” He said that the business community had registered their protest by keeping their businesses closed voluntarily.