Bahria Town | Pakistan

ISLAMABAD: The National Accountability Bureau (NAB), Karachi, has frozen four more high-value properties of Bahria Town on the instructions of an accountability court. Sources in the NAB said the action was carried out under the Anti-Money Laundering Act, 2010, following investigations that established that these assets were purchased through the laundering of crime proceeds. The bureau has attached the Bahria Icon Tower in Clifton, Karachi, where investigations revealed that Rs8 billion in crime proceeds had been laundered for its construction. The property was being held under a front company, M/s Galaxy Construction Pvt Ltd. Similarly, the Bahria Town Tower on Tariq Road, Karachi, was attached after it was established that the project was held in the name of Muhammad Awais, a “benami” frontman for Malik Riaz Hussain and M/s Bahria Town. Beyond Karachi, the operation extended to significant land holdings. The bureau has attached 817 kanals of prime land in Sheikhupura and 2,029 kanals of land in Peshawar in...

ISLAMABAD: The National Accountability Bureau (NAB) Karachi on Monday announced the recovery of 80 acres of government land illegally allotted to Bahria Town in the Gulshan-i-Sarmast housing scheme in Hyderabad’s Deh Ganjo Takkar, a press release said. According to the press release, the land worth Rs6 billion was located in a prime area of Hyderabad district. “The management of Bahria Town got the possession of the land through the illegal allotment against the meagre amount of Rs383 million, which was also defaulted,” the bureau said. Furthermore, the statement said that Bahria Town had also failed to fulfil the terms and conditions of the allotment, as the land was intended for the establishment of a university. “Accordingly, the matter was taken up with Hyderabad Development Authority and as a result of efforts and intervention of NAB, the HDA cancelled the allotment and possession with forfeiture of the partially paid amount by Bahria Town,” the statement added. Last week, an accountability court issued ...

RAWALPINDI: The residents of Bahria Town Rawalpindi on Saturday staged a protest demonstration against the administration of Bahria Town for not providing civic facilities despite getting hefty fees from them. A large number of residents, traders, property owners, investors, families, and community leaders from Bahria Town Phases 1-8 assembled at Allama Iqbal Junction Phase 8. Jamaat-i-Islami representatives also participated in the protest. The participants carried placards, banners, and display boards, clearly expressing their demands and urging Malik Riaz and Bahria Town Private Limited to relinquish control. Tahir Nihad Bajwa, Chairman of RABT and President of BRACE, led a procession and said that highlighted systemic failures in governance, service delivery, and regulatory oversight and declared that the community has been paying heavily without receiving basic rights or services. He presented the charter of demands and said that it had already been submitted to all relevant authorities. He urged the Raw...

ISLAMABAD: An additional sessions court on Saturday convicted a retired army officer in a high-profile money laundering case, sentencing him to 10 years in prison and imposing a fine of Rs25 million. Additional Sessions Judge (West) Nasruminallah Baloch found retired Col Khalilur Rehman, the vice chief executive of Bahria Town, guilty of laundering approximately Rs1.6 billion. The case was registered by the Federal Investigation Agency’s (FIA) Anti-Money Laundering Circle last year. The court sentenced Rehman to 10 years rigorous imprisonment and imposed a fine of Rs25m. It was further ordered that, in the event of default on the fine, the convict would undergo an additional one month of simple imprisonment. Crucially, the court also ordered the forfeiture of property and assets obtained through money laundering. According to the detailed judgment, the court held Rehman accountable under Sections 3 (offence of money laundering) and 4 (punishment for money laundering) of the Anti-Money Laundering Act 2010. The...

The Lahore Electric Supply Company (Lesco) restored power supply to four housing projects in Bahria Town Lahore after the society’s administration paid outstanding bills amounting to Rs682 million. “The power supply has been restored to four Bahria town projects, including main Bahria Town near Mohlanwal,” a Lesco spokesperson told Dawn. The power supply was suspended yesterday, inviting criticism from the residents, who also announced holding a protest demonstration in front of the Bahria Town offices after Friday prayers on this issue. According to Lesco CEO Mr Ramzan Butt, the last date for bill payment was November 21, which was extended to November 23 on the request of the housing society’s officials. After failing to pay, the officials had requested another day’s extension and continued securing more until Wednesday. “Since the final and last date was November 27 (yesterday), they, instead of paying bills, approached the court, reportedly. But before they could get the court decision, we disconnected th...

ISLAMABAD - The National Accountability Bureau (NAB) Islamabad has reassured Bahria Town residents and property owners that their legal rights, assets, and investments are fully protected, despite the circulation of misleading and malicious narratives by certain elements.

The National Accountability Bureau (NAB) Islamabad has reassured Bahria Town residents and property owners that their legal rights, assets, and investments are fully protected, despite the circulation of misleading and malicious narratives by certain elements.

ISLAMABAD - The National Accountability Bureau (NAB) on Thursday auctioned six prime commercial properties belonging to Bahria Town, intensifying efforts to recover funds in connection with a 2019 court-approved plea bargain involving Malik Riaz’s family.

ISLAMABAD: The National Accountability Bureau on Thursday sold off one already-sealed Bahria Town property, and received conditional bids for two others — at a combined value of Rs2.27 billion — in a long-awaited auction. The auction of three remaining properties, owned by controversial real estate tycoon Malik Riaz, was shelved due to a “lack of qualifying bids”. Although mediapersons were invited to cover the auction, they were not allowed to witness proceedings, which were held behind closed doors at NAB’s regional headquarters for Rawalpindi/Islamabad. Following the auction, journalists seated in a separate committee room were handed a paper carrying brief details of its outcome. Dozens of private vehicles were seen parked outside the NAB headquarters, ostensibly belonging to the bidders. According to NAB’s advertisement, six properties were scheduled to be auctioned. However, only three were sold: Rubaish Marquee fetched Rs508 million, while the bureau received conditional offers of Rs876m and Rs881.5m f...

ISLAMABAD - M/s Bahria Town (Private) Limited Wednesday moved the Supreme Court against dismissal of Bahria Town’s petition by the Islamabad High Court (IHC) through a short order and allowing the National Accountability Bureau (NAB) to auction the properties of Bahria Town.

Information Minister Attaullah Tarar on Wednesday said that the government had found evidence that real estate tycoon Malik Riaz and Bahria Town had engaged in money laundering on a “grand” scale. The development adds to the legal woes of the property tycoon and his real estate company, with the former being an absconder in the Al-Qadir Trust case, while the National Accountability Bureau has announced a fresh auction of six properties of Bahria Town. Delivering a televised press statement, Tarar said: “An important development occurred a day ago in the investigation of the Bahria Town corruption case. The Federal Investigation Agency (FIA) carried out a successful raid in which very important documents have surfaced that are incontrovertible proof of Malik Riaz and Bahria Town’s corruption.” He said the FIA had been conducting an ongoing investigation, with raids being carried out as well. “The documents that have surfaced reveal money laundering and corruption of a great amount by Malik Riaz and Bahria Town...

ISLAMABAD - The Islamabad High Court (IHC) Tuesday turned down the petitions filed against the auction of Bahria Town properties.

Property tycoon Malik Riaz on Tuesday called for “dialogue and a dignified solution” amidst Bahria Town’s legal troubles. His appeal comes as the Islamabad High Court (IHC) reserved its verdict on petitions against the proposed auction of Bahria Town properties. The assets were attached in connection with a plea bargain agreement reached in the £190 million case. The development adds on to the National Accountability Bureau’s (NAB) previous actions against Riaz, who owns Bahria Town and is an absconder in the Al-Qadir Trust case. NAB had said last month that the tycoon and his son Ali Riaz had entered into a plea bargain in the 190 million pounds case, but failed to pay the agreed amount. As a result, NAB had sought details of several properties, which were to be auctioned to recover the amount under Sec­tion 33E of NAB Ordinance, 1999. In 2019, the National Crime Agency (NCA) of the United Kingdom had agreed to a settlement worth £190 million with Riaz’s family. Earlier that year, the Supreme Court had accep...

• Civic body says 181 kanals, and not 510 kanals, in illegal possession of housing society • Spokesperson terms latest demarcation unjust ISLAMABAD: At a time when Bahria Town management is facing tough scrutiny by the National Accountability Bureau (NAB), it got some relief from the Capital Development Authority (CDA) in the illegal land possession case. The CDA in its new demarcation pointed out that only 181 kanals of land of the civic agency was under illegal possession of Bahria Enclave contrary to the previous report of 2018, which had stated that 510 kanals of CDA land was in its possession. After the demarcation report of 2018, the CDA had conducted an anti-encroachment operation of a few days and retrieved some land. But the operation was stopped as Bahria had contested the demarcation report. The new demarcation report dated May 12, 2025, signed by Naib Tehsildar CDA Azhar Mehmood and Naib Tehsildar ICT, pointed out that 181 kanals and 16 marlas of CDA land was in possession of Bahria Enclave, on wh...

ISLAMABAD - The Islamabad High Court (IHC) on Thursday issued a stay order in the case against NAB’s move to auction Bahria Town properties.

The National Accountability Bureau (NAB) will auction several immovable properties of Bahria Town on Thursday, June 12 at 11:00 AM at its Regional Office near Lal Masjid, Islamabad.

The National Accountability Bureau (NAB) on Tuesday announced a public auction of six Bahria Town properties in Rawalpindi and Islamabad on June 12. The development adds on to NAB’s previous actions against property tycoon Malik Riaz, who owns Bahria Town and is an absconder in the £190 million Al Qadir Trust Case. In a notification today, NAB listed six properties of the project owned by tycoon Malik Riaz, including five in Rawalpindi and one in Islamabad. The properties were being auctioned to recover the defaulted amount of a plea bargain under Section 33E of the NAB Ordinance 1999, it added. NAB media director Birj Lal Dosani confirmed the details to Dawn.com, stating that the amount was being recovered in connection with corruption charges under a plea bargain. Earlier this year, the watchdog warned the public against investing in Bahria Town’s Dubai project and began extradition efforts for Riaz and his son. In February, NAB [filed] a reference against Riaz, ex-Sindh chief minister Syed Qaim Ali Shah, M...