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The National Accountability Bureau (NAB) has frozen properties belonging to Malik Riaz’s son, Bahria Town Pvt Ltd, and several others for 15 days, in connection with a major land corruption case, as reported by Dawn News.
The development marks a continuation of NAB’s ongoing actions against Riaz, who is also reportedly an absconder in the £190 million Al Qadir Trust case.
According to a NAB order dated June 19, a total of 457 properties across the country have been frozen under Section 12 of the National Accountability Ordinance (NAO), 1999.
These properties include lands in Karachi, Rawalpindi, and Islamabad, linked to Malik Riaz, his family members, and his real estate empire.
The move is part of NAB’s ongoing investigation into the alleged illegal transfer of 16,896 acres of government land in Malir District, Karachi.
NAB claims the accused worked together to grab government land, violating corruption laws under Section 9A of the NAO.
Among the frozen assets are five Bahria Town properties in DHA Rawalpindi, two in Islamabad owned by Malik Riaz’s son Ahmed Ali Riaz, and 18 Bahria Town-owned plots in Islamabad. Properties owned by Zain Malik, Riaz’s son-in-law, have also been included.
The freezing order is temporary but may remain in effect until the accountability court gives a final ruling, as per the Supreme Court’s 2019 verdict.
Earlier this month, a court also issued non-bailable arrest warrants for Malik Riaz, his son, and others in the Bahria Town Karachi land case.
The NAB had filed a reference against Bahria Town owners, top PPP leaders, and government officials, accusing them of illegally converting government land for the Bahria Town Karachi (BTK) project.
