The National Accountability Bureau (NAB) has taken decisive action in its ongoing investigation against Bahria Town founder Malik Riaz by sealing multiple properties linked to his real estate empire across Pakistan.
According to NAB officials, the move is part of an inquiry into alleged financial irregularities, illegal land acquisitions, and fraudulent business practices. Properties in Bahria Town Karachi, Lahore, and Rawalpindi have reportedly been sealed as part of the crackdown.
The accountability watchdog has also frozen several bank accounts associated with Malik Riaz and his businesses. NAB has warned the public against investing in Bahria Town’s Dubai project, citing potential risks.
Malik Riaz, a key figure in Pakistan’s real estate sector, has denied any wrongdoing. However, NAB maintains that its investigation is based on solid evidence and aims to hold those responsible for financial misconduct accountable.
The case has gained national attention, as authorities continue their efforts to bring transparency to the real estate sector and protect citizens from fraudulent schemes.
