Malik Riaz agrees to hand over assets worth £190m to UK crime agency

[Bewal Express]

No, not at all. That's not what I'm saying. The above are all facts and that's it. There is nothing more to it then what you've mentioned above.

You are denial at the corrupt relationship between these 2 members of the mafia. Can you explain why the property was sold just before the public revelation of the Panama scandal? Where did the money for the property come from when the Sharifs purchased it? Why they denied owning these properties for years.

 

[shah_1]

Extremely confused

Why is the money going to supreme court? To pay back the fine? Is this a joke

Imran Khan and all the ministers are quiet about this. Malik Riaz is the biggest mafia in the world, simply untouchable.

 

[Hermoine Green]

Extremely confused

Why is the money going to supreme court? To pay back the fine? Is this a joke

Imran Khan and all the ministers are quiet about this. Malik Riaz is the biggest mafia in the world, simply untouchable.

It will go to Govt through SC.

 

[uberkoen]

You are denial at the corrupt relationship between these 2 members of the mafia. Can you explain why the property was sold just before the public revelation of the Panama scandal? Where did the money for the property come from when the Sharifs purchased it? Why they denied owning these properties for years.

Man, I don't know however, for the NCA and this particular case that is not relevant. That's a different topic. If you open another thread we can discuss this. However, in this particular case the Sharif's are not involved. The state is getting the money from NCA who confiscated it from MR and this is going towards the settlement already agreed. End of story.

This is not a victory of PTI over PMLN. This does not impact the Sharifs in any way or form. This does not change anything for the State of Pakistan. The Supreme Court will still get the settlement amount this goes towards that.

You can make it out to be anything you want however, the facts are as stated above.

 

[Bewal Express]

Extremely confused

Why is the money going to supreme court? To pay back the fine? Is this a joke

Imran Khan and all the ministers are quiet about this. Malik Riaz is the biggest mafia in the world, simply untouchable.

He is the DON and owns the political elite in PK. It makes even more sweeter that he and the Sharifs have taken him for £190mn. It also tells you how brave CJP Nisar was to take him on.

 

[Bewal Express]

Man, I don't know however, for the NCA and this particular case that is not relevant. That's a different topic. If you open another thread we can discuss this. However, in this particular case the Sharif's are not involved. The state is getting the money from NCA who confiscated it from MR and this is going towards the settlement already agreed. End of story.

This is not a victory of PTI over PMLN. This does not impact the Sharifs in any way or form. This does not change anything for the State of Pakistan. The Supreme Court will still get the settlement amount this goes towards that.

You can make it out to be anything you want however, the facts are as stated above.

As far as the Sharifs are concerned-Lets the have a look at the dateline, and let the readers decide! As far as the SC settlement goes, You really are clutching at straws, why is the NCA involved, couldnt he give the money straight to the SC? The NCA have nothing to do with Bahria town decision, they are only concerned with criminality in the UK. I know this really hurting you( it shouldnt do but it is) but IK has brought 40bn back to PK!

 

[uberkoen]

As far as the Sharifs are concerned-Lets the have a look at the dateline, and let the readers decide! As far as the SC settlement goes, You really are clutching at straws, why is the NCA involved, couldnt he give the money straight to the SC? The NCA have nothing to do with Bahria town decision, they are only concerned with criminality in the UK. I know this really hurting you( it shouldnt do but it is) but IK has brought 40bn back to PK!

It is not hurting me and what you have stated are again facts. I hope the 40bn is above and beyond the Supreme Court agreed settlement amount.

 

[shah_1]

It will go to Govt through SC.

To pay back the fine?

NCA gives the money to State of Pakistan(official press release) ---->State gives the money to SC to pay the fine of Malik Riaz imposed by SC--->SC gives the money to state

Am I missing something?

 

[zimmz]

There is definitely some fishy game between MR, SC and gov. It seems that during Panama leaks MR was trusted crony of Sharifs who parked (transferred only on papers) the property and also 120Mil pounds with MR son. Meanwhile in Pakistan MR is hot water recently due to cases in courts and possibly more by gov in coming days. It is possible that MR offered to recover Sharifs money and property in return of favor in his cases. Gov agreed and involved NCA to look into the case where MR quietly agreed to settle by handing over the money and property to NCA.

Following is the excerpt from property transfer between sharifs and MR son. The clause 4 even says that MR son can't evne sell the property without permission of Hassan Nawaz. That hints at the fact that there was no real payment made for this property by MR, just on paper. Connect the dots....

 

[Bewal Express]

It is not hurting me and what you have stated are again facts. I hope the 40bn is above and beyond the Supreme Court agreed settlement amount.

You seem hurt that IK has managed to bring money back to PK. The 2nd bit i agree with, and this stage, i will trust IK and if its revealed that it was part of the 400bn, i would, to say the least be disappointed and shocked.

 

[Bewal Express]

There is definitely some fishy game between MR, SC and gov. It seems that during Panama leaks MR was trusted crony of Sharifs who parked (transferred only on papers) the property and also 120Mil pounds with MR son. Meanwhile in Pakistan MR is hot water recently due to cases in courts and possibly more by gov in coming days. It is possible that MR offered to recover Sharifs money and property in return of favor in his cases. Gov agreed and involved NCA to look into the case where MR quietly agreed to settle by handing over the money and property to NCA.

Following is the excerpt from property transfer between sharifs and MR son. The clause 4 even says that MR son can't evne sell the property without permission of Hassan Nawaz. That hints at the fact that there was no real payment made for this property by MR, just on paper. Connect the dots....

View attachment 97546

[MENTION=107753]uberkoen[/MENTION]- Any link between the Sharifs and MR I HEARD YOU ASK?

 

[Nastradamus]

Man, I don't know however, for the NCA and this particular case that is not relevant. That's a different topic. If you open another thread we can discuss this. However, in this particular case the Sharif's are not involved. The state is getting the money from NCA who confiscated it from MR and this is going towards the settlement already agreed. End of story.

This is not a victory of PTI over PMLN. This does not impact the Sharifs in any way or form. This does not change anything for the State of Pakistan. The Supreme Court will still get the settlement amount this goes towards that.

You can make it out to be anything you want however, the facts are as stated above.

This case has brought to light the fact that the Sharifs owned this property and sold it to Malik Riaz just prior to the Panama leaks. This is a loss for the Sharifs and definitely has a negative impact. So yes, this case isn't directly related to the Sharifs or PMLN but it does affect them negatively.

 

[MenInG]

ISLAMABAD: The State Bank of Pakistan (SBP) on Thursday confirmed that 190 million pounds from the UK’s National Crime Agency (NCA) had been received by the National Bank of Pakistan (NBP) on account of a settlement with property tycoon Malik Riaz Hussain’s family, but declined to share details.

Spoiler

Testifying before the Senate Standing Committee on Finance and Revenue, SBP’s deputy governor Jameel Ahmad said: “The payment has been received by the National Bank of Pakistan, but the question about the account in which it has been kept should be addressed to the government of Pakistan.”

The disclosure followed a heated discussion among the participants of the meeting presided over by Senator Farooq H. Naek, who instructed SBP governor Dr Reza Baqir to attend the committee’s next meeting to respond to various questions being raised by senators.

Finance ministry spokesperson Omar Hameed Khan was not available to explain in which account the funds received from NCA had been kept. Another senior official told Dawn the ministry was unaware about the funds, their sources and nature, except that these had been received in the NBP’s branch in Supreme Court of Pakistan, Islamabad.

Heated discussion in Senate committee after central bank’s official declines to share details of the transaction

Last week, special assistant to the prime minister Shahzad Akbar had said the funds would be transferred to the Supreme Court’s NBP account and the federal government had requested the court to transfer the money to its account for spending on social welfare.

The matter came up for discussion on Thursday when Senator Mushahidullah Khan of the PML-N asked if the proceeds coming from the NCA purportedly “on account of some crime settlement” were going to the Supreme Court or the SBP and why they were not being deposited in Account No 1 of the State of Pakistan.

In response, SBP’s deputy governor said the funds had nothing to do with his organisation and questions about the issue at hand should be referred to the government.

He, however, said he could confirm that the funds had come directly to the NBP.

At this, Senators Khan and Talha Mehmood asked whether or not every foreign transaction was required to be reported and transferred through the central bank and more so when this pertained to the State of Pakistan.

Mr Ahmed said the transactions could also be routed through the banks that in turn were required to report it to the SBP in general terms. In such cases the SBP might not be informed in which accounts such funds were kept.

“We cannot share with you more information on this,” he added.

Senators Mehmood, Mian Ateeq Shaikh and Dilawar Khan retorted that it was unacceptable for an institution to refuse to share certain information with parliament and that they might bring a privilege motion because all agencies, departments and institutions were bound to share “anything and everything” with the parliamentary panels.

They demanded that the SBP’s deputy governor be banned from attending the meetings of the standing committee.

A representative of the law ministry told the committee that even under right to information law every institution and agency of the state was bound to share information with the public, subject to certain limits required by law, but the parliament was the supreme institution and all agencies and departments were required to provide all the information to parliament when asked.

Senator Khan asked if the SBP was “lifting” currency from the forex market and if so how much. Mr Ahmed said it was a normal function of the central bank to pick up foreign exchange from or release it into the market, but the SBP would not publicly share such details.

The central bank was picking up about $20m or so from the market on a weekly basis and was not allowing the rupee to appreciate for some reasons, Mr Khan said.

In response Mr Ahmed said the numbers quoted by the senator were not correct.

Chairman Naek ruled that the SBP governor attend the next meeting of the committee and give a briefing on the state of the national economy.

https://www.dawn.com/news/1521992/nbp-has-received-190m-settlement-from-uk-confirms-sbp

 

[MenInG]

ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Accountability Mirza Shahzad Akbar on Friday said no “criminality” was committed in the case under which the UK’s National Crime Agency (NCA) had frozen nine bank accounts of real estate tycoon Malik Riaz and handed over the money to Pakistan.

“No criminality was committed in it, as it was solely a civil matter and not a criminal case,” Mr Akbar told a press conference in response to the question why no action was being taken against the real estate tycoon under Pakistani laws if money laundering was committed and the UK froze nine accounts of Malik Riaz.

Spoiler

While the presser was held apparently in reference to Pakistan Muslim League-Nawaz (PML-N) leader Marriyum Aurangzeb’s remarks in the National Assembly about the performance of Assets Recovery Unit (ARU) that he heads, the PM’s aide evaded most questions by journalists regarding the 190 million pounds recovery from the real estate tycoon by the NCA.

He kept hiding the inside story under the pretext of “an agreement of confidentialities” between the parties concerned and the NCA. He reiterated that no “criminality” was involved in the case, as it was solely a civil matter.

In reply to another question about the worth of London property being sold at the cost 50m pounds, Mr Akbar said: “The worth of the property was 15m pounds when it was sold by Hussain Nawaz, son of ex-premier Nawaz Sharif, who are also in London these days. However, he [Hussain] had overvalued the property at the time of its sale to Malik Riaz.

“The property has so far not been sold under NCA’s decision,” he added.

The PM’s aide gave credit of what he said ‘recoveries’ made by the Punjab Anti-Corruption Establishment (PACE) and National Accountability Bureau (NAB) over the past one and a half years to the ARU.

During the press conference, he shared with the media written replies to the questions of Ms Aurangzeb and said the federal cabinet approved ARU’s establishment on Sept 5 last year to bring all anti-corruption departments under one umbrella for centralised monitoring.

He said this had been done on the recommendation of a task force constituted by the Supreme Court in 2018. He said under ARU supervision, the Anti-Corruption Establishment (ACE) of Punjab managed to retrieve state land worth Rs129 billion in one year. “Although NAB is an independent organization, it also made recoveries during last year,” he added.

The PM’s aide said Ms Aurangzeb instead of questioning ARU’s performance through ‘concocted statements’ should seek answers to the question that he had asked her party president Shahbaz Sharif.

Ms Aurangzeb, he said, had been provided full information on ARU’s achievements, its administrative expenditure, details of the tours made by the ARU officials including himself and expenses incurred on them, and the authority under which the same were conducted, besides any proposal to carry out performance-based audit of such unit.

Responding to other allegations, Mr Akbar said PML-N leader Khurram Dastagir had criticised the Anti-Corruption Department of Punjab, only because it had retrieved state land from his illegal possession. The PML-N leader had established a petrol pump on the land in his hometown, Gujranwala, he added.

He said Ms Aurangzeb’s queries had no substance as she had no knowledge of ARU’s structure and its working. “The ARU has representatives of Federal Investigation Agency (FIA), NAB, Federal Board of Revenue (FBR), State Bank of Pakistan (SBP) and private sector,” he added.

The SAPM said the ARU was in fact a coordinating unit that provided a platform to law enforcement agencies and relevant institutions to trace new cases and fast track all existing cases of off-shore assets made with unlawfully acquired wealth at home and their repatriation.

“The afore-mentioned agencies and organizations eventually recover the looted public money either through taxation, plea bargain or direct recovery, as the case may be,” he explained.

The government was looking for better cooperation and information sharing on money laundering with the UK regime, he said, adding that Pakistan had also handed over three wanted persons from the country to the UK authorities.

Responding to a question about Prime Minister Imran Khan’s nephew Hassaan Niazi who was among the lawyers who attacked Punjab Institute of Cardiology, Lahore, he said raids were being conducted for his arrest. “This is happening for the first time that police are conducting raids for the arrest of PM’s nephew,” he boasted.

https://www.dawn.com/news/1522177/no-criminality-involved-in-property-tycoons-case-says-pms-aide

 

[MenInG]

ISLAMABAD: The National Accountability Bureau on Wednesday filed a reference against real estate tycoon Malik Riaz and many others for illegal allotment of an amenity plot in Karachi’s Clifton area where the Bahria Town built Pakistan’s tallest building, Bahria Icon Tower.

The reference is said to be an offshoot of the fake accounts case against former president and PPP co-chairman Asif Ali Zardari and his sister Faryal Talpur. It is also a first reference in which Malik Riaz, the chairman of the Bahria Town, is nominated. NAB also nominated his son-in-law Zain Malik as one of the suspects.

Other suspects are former Pakistan Peoples Party Senator Yousaf Baloch, former adviser to Sindh chief minister Dr Dinshaw Anklesaria, former Sindh chief secretary Abdul Subhan Memon, former director general-parks Liaquat Qaimkhani, Waqas Raffat, Ghulam Arif, Khawaja Shafique, Jamil Baloch, Afzal Aziz, Syed Mohammad Shah, Khurram Arif, Abdul Karim Paleejo, Khawaja Badee uz Zaman and others.

Contrary to its past practice, NAB — which is otherwise very prompt when issuing a press release even in the stages of inquiry and investigation mainly against opposition leaders — this time did not issue any statement or share any detail about the reference with the media.

However, the reference that NAB filed before the registrar of the accountability court stated that the accused persons caused a loss of over Rs100 billion to the national exchequer through illegal allotment of an amenity plot related to Bagh Ibne Qasim, where Bahria Town constructed its Icon Tower.

NAB alleges Bahria Town built Pakistan’s tallest building on Karachi’s Bagh Ibne Qasim land

The skyscraper is located near the coast of the Arabian Sea in Karachi and it includes 62 storeys with 40-storey mixed-used buildings.

After scrutiny, the registrar office will forward the reference to the administrative judge of the accountability courts, Mohammad Bashir.

Last year, former Sindh works and services secretary Sajjad Abbasi, who was arrested in June 2019 for his alleged involvement in the Icon Tower case, became an approver.

In a statement to the court, he said that he sold an amenity plot to Dr Anklesaria while he was working as the executive district officer-revenue. He claimed that Dr Anklesaria then sold that plot to Malik Riaz, who constructed the Bahria Icon Tower there.

It may be mentioned that during a hearing of the post-arrest bail of Ms Talpur in the fake accounts case, Islamabad High Court Chief Justice Athar Minallah asked the investigation officer of the case as to why those who were involved in Rs750 million transactions through fake accounts were never arrested. The IO said that the Bahria Town chairman was on top of the list and NAB was trying to trace his and other suspects’ whereabouts.

Expressing his displeasure over the lethargy of NAB, the CJ observed, “This is how NAB exercises power to arrest people [...] NAB does not have unfettered power of arrest.” Later, the court granted bail to Ms Talpur.

It may be recalled here that former Karachi mayor and Pak Sarzameen Party chairman Syed Mustafa Kamal and others are also facing a NAB reference regarding alleged illegal allotment of around 5,500 square yards of commercial land to Bahria Town for a multi-storey building.

When contacted, senior Bahria Town official retired Col Khalil claimed that the real estate firm had purchased the land in a transparent manner.

He said that the case did not belong to the fake accounts case since all the payments regarding purchase of the land were made through cheques from genuine and verified accounts.

https://www.dawn.com/news/1528598/tycoon-malik-riaz-booked-in-rs100bn-land-scam

 

[MenInG]

ISLAMABAD: The Natio*nal Accountability Bureau (NAB) was found clueless about the whereabouts of property tycoon Malik Riaz when he skipped a second consecutive hearing of Bahria Icon Tower Karachi reference by an accountability court on Monday.

When Judge Mohammad Bashir resumed the proceedings in the reference filed against the property tycoon last month for allegedly encroaching upon state land, four respondents including Malik Riaz, his son-in-law Zain Malik, ex-executive director of Karachi city government’s master plan and Waqas Raffat were not present in the court.

The judge expressed displeasure and wanted to issue proclamation against Mr Riaz and other suspects for being absent but was reminded by the counsel for former commissioner Abdul Subhan Memon that the proclamation could be issued only after the court started proceedings under Section 87-88 of the criminal procedure code. Under the section, the court declares a fugitive a proclaimed offender and attaches his/her properties as well.

The judge then sought a report from NAB’s investigation officer and adjourned the proceedings for about an hour.

The NAB investigation officer then admitted before the court that they were unaware of the whereabouts of Mr Riaz, his son-in-law and Mr Waqas. He said when the process server visited the house of Mr Riaz the staff deputed there informed him that he had gone abroad. He said the staff did not know about his destination.

The judge then asked the investigation officer when the anti-graft watchdog tried to probe where the suspect had gone. The NAB officer replied that the bureau could not access the record of suspects travelling beyond the United Arab Emirates.

The investigation officer, however, told the court that he heard from someone that one of the suspects was residing in Canada. The judge suggested to the NAB officer to inform his close relative about the court’s summons.

Further proceeding in this matter was later adjourned till March 20.

On January 15, the anti-graft watchdog filed a reference related to Bahria Icon Tower, Karachi. Malik Riaz and Zain Malik remained absent when the court commenced proceedings last month.

Bahria Icon Tower reference is an offshoot of the fake accounts case. It is the first reference in which Malik Riaz has been nominated as accused person and his son-in-law Zain Malik has also been nominated as an accused.

Among the other accused persons are former senator Yousaf Baloch, Dr Dinshaw Anklesaria, Liaquat Qaimkhani, Waqas Raffat, Ghulam Arif, Khawaja Shafique, Abdul Subhan Memon, Jamil Baloch, Afzal Aziz, Syed Mohammad Shah, Khurran Arif, Abdul Karim Paleejo and Khawaja Badeeuz Zaman and others.

According to the reference, the suspects had caused a loss of over Rs100 billion to the national exchequer through illegal allotment of amenity plot related to Bagh Ibne Qasim where Bahria Town constructed a skyscraper, Icon Tower. Bahria Icon Tower located off the coast of the Arabian Sea in Karachi is a skyscraper that includes 62-storey and 40-storey mixed-used buildings.

Earlier, Sajjad Abbasi, who served as provincial works and services secretary and was arrested in June 2019 for his alleged involvement in Bahria Icon Tower case, turned an approver last year. In his statement to the court, he said that he sold an amenity plot to Dr Anklesaria while he was working as the executive district officer for the revenue department. He claimed that Dr Anklesaria then sold the plot, where Icon Tower was later built, to Bahria Town’s Riaz.

https://www.dawn.com/news/1537979/nab-failure-to-trace-malik-riaz-irks-judge

 

[Bewal Express]

ISLAMABAD: The Natio*nal Accountability Bureau (NAB) was found clueless about the whereabouts of property tycoon Malik Riaz when he skipped a second consecutive hearing of Bahria Icon Tower Karachi reference by an accountability court on Monday.

When Judge Mohammad Bashir resumed the proceedings in the reference filed against the property tycoon last month for allegedly encroaching upon state land, four respondents including Malik Riaz, his son-in-law Zain Malik, ex-executive director of Karachi city government’s master plan and Waqas Raffat were not present in the court.

The judge expressed displeasure and wanted to issue proclamation against Mr Riaz and other suspects for being absent but was reminded by the counsel for former commissioner Abdul Subhan Memon that the proclamation could be issued only after the court started proceedings under Section 87-88 of the criminal procedure code. Under the section, the court declares a fugitive a proclaimed offender and attaches his/her properties as well.

The judge then sought a report from NAB’s investigation officer and adjourned the proceedings for about an hour.

The NAB investigation officer then admitted before the court that they were unaware of the whereabouts of Mr Riaz, his son-in-law and Mr Waqas. He said when the process server visited the house of Mr Riaz the staff deputed there informed him that he had gone abroad. He said the staff did not know about his destination.

The judge then asked the investigation officer when the anti-graft watchdog tried to probe where the suspect had gone. The NAB officer replied that the bureau could not access the record of suspects travelling beyond the United Arab Emirates.

The investigation officer, however, told the court that he heard from someone that one of the suspects was residing in Canada. The judge suggested to the NAB officer to inform his close relative about the court’s summons.

Further proceeding in this matter was later adjourned till March 20.

On January 15, the anti-graft watchdog filed a reference related to Bahria Icon Tower, Karachi. Malik Riaz and Zain Malik remained absent when the court commenced proceedings last month.

Bahria Icon Tower reference is an offshoot of the fake accounts case. It is the first reference in which Malik Riaz has been nominated as accused person and his son-in-law Zain Malik has also been nominated as an accused.

Among the other accused persons are former senator Yousaf Baloch, Dr Dinshaw Anklesaria, Liaquat Qaimkhani, Waqas Raffat, Ghulam Arif, Khawaja Shafique, Abdul Subhan Memon, Jamil Baloch, Afzal Aziz, Syed Mohammad Shah, Khurran Arif, Abdul Karim Paleejo and Khawaja Badeeuz Zaman and others.

According to the reference, the suspects had caused a loss of over Rs100 billion to the national exchequer through illegal allotment of amenity plot related to Bagh Ibne Qasim where Bahria Town constructed a skyscraper, Icon Tower. Bahria Icon Tower located off the coast of the Arabian Sea in Karachi is a skyscraper that includes 62-storey and 40-storey mixed-used buildings.

Earlier, Sajjad Abbasi, who served as provincial works and services secretary and was arrested in June 2019 for his alleged involvement in Bahria Icon Tower case, turned an approver last year. In his statement to the court, he said that he sold an amenity plot to Dr Anklesaria while he was working as the executive district officer for the revenue department. He claimed that Dr Anklesaria then sold the plot, where Icon Tower was later built, to Bahria Town’s Riaz.

https://www.dawn.com/news/1537979/nab-failure-to-trace-malik-riaz-irks-judge

If any thinks that Sexual Predator that is Chairman Iqbal would ever go against MR, NS or AZ then they are stupid. This crook was appointed to make sure no case gets to court, the time bar law is then used to kill cases by the likes of Justice Isa and other mafia judges. Not a single case has brought to court by NAB, its a scam to the crooks. It needs to be disbanded, the chairman needs to be arrested for working with the mafia.

 

[MenInG]

Business tycoon Malik Riaz has decided to close the Urdu language Aap News television channel over "unavoidable legal and technical reasons", it emerged on Saturday.

The development was confirmed to Dawn.com by National Press Club President Shakeel Qarar as well as an employee of Aap News, who did not want to be named.

According to an internal staff email, dated April 11 and seen by Dawn.com, the broadcast of the news channel will stop from today. "The administration has decided that salary of all employees for the month of March will be paid on April 14 and 15 while the payment of salaries for the notice period between April 11 and May 11 will be paid on April 21 and 22," reads the email.

Riaz will use his licensing rights to launch a new channel where employees of Aap News would be hired on a "priority basis", according to the email, which further states that employees would receive 50 per cent of their monthly salaries on the 5th of each month for the next three months.

https://www.dawn.com/news/1548380/m...aap-news-channel-over-legal-technical-reasons

 

[MenInG]

Malik Riaz announces to build Bahria Glow Park in Karachi

ISLAMABAD: Chairman Bahria Town Malik Riaz Hussain has announced to build a glow park similar to Dubai Garden Park and a mega shopping mall in Karachi to promote national and international tourism.

Malik Riaz said it will be a premium shopping mall having all national and international brands, games area, music area, restaurants and foods stalls. He said it will be the first glow park in Pakistan being built after Islamabad project on Dubai’s park theme. He said the park will provide great amusement to the residents of Bahria Town and adjoining areas, and it will become a picnic spot for Karachiites.

The park will be illuminated with beautiful lights, plants and sea creatures, including tortoise, sea horse, fishes and other animals will be exhibited at prominent places to beautify the park that will attract children and elders. Bahri Town has international standard amusement parks besides providing education, and health to the residents of Bahria Town and Karachiites. Bahria Town has been providing phenomenal entertainment through its Bahria dancing fountain, Dan zoo, carnival, Bahria adventure land, theme park, and Eiffel tower. It said Pakistan’s biggest international cricket stadium and third largest mosque in the world will soon be completed in Bahria Town Karachi project that will surely boost tourism and entertainment industries of Pakistan.

https://www.thenews.com.pk/print/680835-malik-riaz-announces-to-build-bahria-glow-park-in-karachi

 

[Bewal Express]

Malik Riaz announces to build Bahria Glow Park in Karachi

ISLAMABAD: Chairman Bahria Town Malik Riaz Hussain has announced to build a glow park similar to Dubai Garden Park and a mega shopping mall in Karachi to promote national and international tourism.

Malik Riaz said it will be a premium shopping mall having all national and international brands, games area, music area, restaurants and foods stalls. He said it will be the first glow park in Pakistan being built after Islamabad project on Dubai’s park theme. He said the park will provide great amusement to the residents of Bahria Town and adjoining areas, and it will become a picnic spot for Karachiites.

The park will be illuminated with beautiful lights, plants and sea creatures, including tortoise, sea horse, fishes and other animals will be exhibited at prominent places to beautify the park that will attract children and elders. Bahri Town has international standard amusement parks besides providing education, and health to the residents of Bahria Town and Karachiites. Bahria Town has been providing phenomenal entertainment through its Bahria dancing fountain, Dan zoo, carnival, Bahria adventure land, theme park, and Eiffel tower. It said Pakistan’s biggest international cricket stadium and third largest mosque in the world will soon be completed in Bahria Town Karachi project that will surely boost tourism and entertainment industries of Pakistan.

https://www.thenews.com.pk/print/680835-malik-riaz-announces-to-build-bahria-glow-park-in-karachi

He denied stealing the Land in Sindh, the Sindh helped him but denied it was stolen and in the case in the SC, they asked the SC to give them the fine 450bn+ that CJP Nisar imposed, does that make any sense to anyone intelligent person.

 

[MenInG]

An accountability court on Saturday issued non-bailable arrest warrants for real estate tycoon Zain Malik, a son-in-law of real estate tycoon Malik Riaz, in a case pertaining to alleged illegal amalgamation of commercial land to the Bahria Town for a multi-storey building in Karachi.

Former Karachi mayor and Pak Sarzameen Party Chairman Syed Mustafa Kamal, Zain Malik, former Karachi district coordination officer Fazlur Rehman, former executive district officer Iftikhar Qaimkhani and others are facing trial in the case.

On Saturday, the matter came up before the accountability court-III judge. Kamal and others appeared before the court on bail. However, Malik was absent.

His counsel informed the court that Malik was in the United Kingdom for treatment and an application had been filed with the request to record his statement from the UK and for the filing of any charge(s) to be framed against him, as had been done in the Park Lane reference against former president Asif Ali Zardari.

However, the judge turned down the request and issued non-bailable arrest warrants for Malik. The investigation officer was directed to arrest and produce Malik before the court on the next date of hearing.

The judge deferred indictment of Kamal, Rehman and others in the case till Oct 9.

In June 2019, the court had admitted the reference filed by the National Accountability Bureau (NAB) against the then city mayor Mustafa Kamal, then DCO Rehman, then EDO Qaimkhani, then district officer Mumtaz Haider, then additional DO Syed Nishat Ali and then Clifton sub-registrar-II Nazir Zardari.

The reference also named five builders — Zain Malik, Mohammad Dawood, Mohammad Yaqoob, Mohammad Irfan and Mohammad Rafiq — all associated with M/s DJ Builders and Developers.

According to the reference, the Karachi Metropolitan Corporation in 1982 created 198 stalls/shops on two amenity plots adjacent to the Kothari Parade for dislocated hawkers while four commercial plots, each measuring 255.55 sq yd, were also created in the locality.

It alleged that M/s DJ Builders purchased four commercial plots and 198 stalls of the hawkers. However, the two amenity plots were never transferred in the builder’s name.

NAB further alleged that Zain Malik and others associated with M/s DJ Builders with connivance of the then Karachi mayor Kamal, DCO Rehman and others, unlawfully got transferred 102 stalls in favour of Bahria Town Private Limited through a conveyance deed without obtaining permission from the Karachi Development Authority.

The reference claimed the price of these stalls was shown in the registration deed as only Rs260 million whereas the market value was assessed at Rs2.155 billion and forced sale value was adjudged at Rs1.724bn.

The anti-graft watchdog claimed Malik was the subsequent beneficiary of the amalgamated plot, which was illegally transferred in the name of M/s Bahria Town with active connivance of the main beneficiary (DJ Builders and Developers) and the sub-registrar-II, Clifton.

Earlier this month, the accountability court dismissed an acquittal application of Malik, who withdrew the same and informed the court that he might opt for a plea bargain with NAB.

Defence counsel Amir Raza Naqvi said his client wanted to withdraw his acquittal application, which was filed under Section 265-K of the criminal procedure code (CrPC) read with Section 4(2)(b) of the National Accountability Ordinance (NAO), 1999.

He said Malik had already reached a settlement in three other cases with the NAB authorities, who had accepted his plea bargain. Subsequently, the relevant accountability court in Rawalpindi had also approved his plea bargain settlement with NAB in those matters, the counsel maintained.

Therefore, Naqvi said, he did not press the pending acquittal application of Malik and requested to withdraw the same, saying there was a possibility that his client might opt for a similar plea bargain with the NAB authorities in the present matter as well.

https://www.dawn.com/news/1581784/k...le-arrest-warrants-for-malik-riazs-son-in-law

 

[Last Monetarist]

https://www.dawn.com/news/1624165/malik-riaz-2-others-refused-to-give-samples-for-covid-19-test-lahore-airport-manager

Real estate tycoon Malik Riaz, his wife and another member of his team allegedly refused to undergo Rapid Antigen Testing (RAT) for the coronavirus upon landing at Lahore airport in violation of National Command and Operation Centre (NCOC) instructions and SOPs, according to a senior official.

In a letter written to the Civil Aviation Authority (CAA) headquarters in Karachi dated May 17, 2021, Lahore airport chief operating officer and manager Akhtar Mirza said the Bahria Town CEO refused to give samples for the Covid-19 test even when a team of airport health staff went to his residence for the purpose.

According to the communiqué, seen by Dawn.com, Riaz along with four other people landed at Lahore's Allama Iqbal International Airport via a chartered flight from Dubai at around 10:30pm on Sunday.

After the passengers passed through the immigration process, CAA duty staff requested them to undergo RAT, a rapid diagnostic test that directly detects the presence or absence of an antigen and gives results in five to 30 minutes. "But they did not respond and rapidly moved towards international arrivals exit gate," Mirza stated in the letter.

He said CAA officials informed the group about government instructions regarding the Covid-19 antigen testing requirement "but in vain". However, later two members of Riaz's team underwent RAT and were found negative for Covid-19.

But Riaz, Bina Riaz and Shahid Mahmood Qureshi "left the airport without [the test] which is an open violation of NCOC instructions and SOPs", the letter added.

It said the CAA management then contacted the government health team and Riaz's personal staff officer to obtain the RAT samples from the property tycoon's residence. A two-member team of airport health staff subsequently left for Riaz's house shortly after midnight on Sunday "but unfortunately once again [he] flatly refused to give samples for the requisite test" and airport staff returned to the airport at 1:40am.

The letter was submitted to the airport services director at CAA Karachi headquarters for his "information and further necessary action".

After detection of the coronavirus in some passengers arriving in Pakistan from abroad, despite them possessing negative PCR test results, the CAA last week tightened rules regarding testing.

"Upon conducting an investigation into the issue, it has been found that passengers travelled to Pakistan using fake PCR negative test results and endangered not only passengers travelling with them, but also undermined the intense efforts being made at the national level to curb the spread of Covid-19," the CAA said in a notification dated May 10.

 

[MenInG]

 

[Bewal Express]

View attachment 113337View attachment 113338

Malik Riaz can't buy British judges. Humiliated and kicked out

 

[MenInG]

In an apparent attempt to tighten the noose around real estate tycoon Malik Riaz and close aides to PTI Chairman Imran Khan, the National Accountability Bureau (NAB) has asked Mr Riaz and other beneficiaries to appear before it on Dec 1 in a case related to a 190 million pound (Rs50 billion) settlement.

According to a NAB letter, Bahria Town owner Malik Riaz was asked to appear before a combined investigation team of the anti-corruption watchdog at 11am on Dec 1 at the bureau’s Rawalpindi headquarters.

“Call-up notice to the persons acquainted with facts of the case under section 19 of the National Accountability Ordinance-1999, inquiry against holders of public office and others qua misuse of authority, financial gains and criminal breach of trust in recovery of crime proceeds received from the UK and illegal sealing of its record,” the notice said.

It said the inquiry into allegations of misuse of authority, financial gains and criminal breach of trust had revealed that Ali Riaz Malik and others entered into an out-of-court settlement agreement with Britain’s National Crime Agency for repatriation of funds to the government of Pakistan.


Rana Sana had accused Imran, wife of receiving big chunks of land from Bahria Town owners

“Moreover, M/s Bahria Town donated land measuring 458 acres, four marlas and 58 square feet, situated at Mauza Barkala, Tehsil Sohawa, District Jhelum, for Al Qadir Trust University. Therefore, you are in possession of information /evidence whatsoever, which relates to the commission of the said offence(s),” the notice added.

Malik Riaz has been asked to come up with complete record regarding purchase of 458 kanals at Tehsil Sohawa, the agreement through which Bahria Town donated land to Al Qadir Trust along with revenue documents, and details of other property transferred by him, or by any of his relatives, in favour of Al Qadir Trust or any of its trustees.

According to unconfirmed reports, Imran Khan’s wife is one of the trustees of the trust. “You are advised that failing to comply with this notice may entail penal consequences under NAO 1999,” the real estate tycoon was warned.

In June this year, Interior Minister Rana Sanaullah had unveiled a confidential agreement entered between the NCA and members of Malik Riaz’s family (“the counter parties”).

He had accused Imran Khan and his wife of accepting Rs5bn and hundreds of kanals of land from Bahria Town for protecting the real estate firm in a money laundering case.

In December 2019, the NCA had accepted a settlement offer of £190 million, which included a UK property — 1 Hyde Park Place, London, W2 2LH. It was valued at approximately £50 million and all of the funds landed in the frozen accounts of Malik Riaz.

The NCA has been granted freezing orders on eight bank accounts containing a total of more than £100 million, which is suspected to have been derived from bribery and corruption overseas. Approximately, £20m held by a related individual was frozen following a hearing in December 2018.

In March that year, a three-judge Supreme Court bench, headed by Justice Sheikh Azmat Saeed, had accepted a Rs460bn offer by Bahria Town to implement the court’s judgement which held that grant of land to the Malir Development Authority by the Sindh government, its exchange with the developer’s private land and anything done under the provisions of the Colonisation of Government Land Act of 1912 by the provincial government were illegal and of no legal existence.

Later, former prime minister Imran Khan and his wife were accused of accepting billions in cash and hundreds of kanals of land from Bahria Town in return for the help that Khan’s government gave to Malik Riaz during the NCA investigation against him.

Interior Minister Sanaullah had claimed that Imran’s aide Shehzad Akbar had “settled” the entire case, while the Rs50bn, which belonged to the national exchequer, was adjusted against Bahria Town’s liability.

He alleged that Imran Khan had received a bribe of Rs5bn as “his share” through Shehzad Akbar before the case was wrapped up.

He further said that Bahria Town, after its Rs50 billion was protected by the then PTI government, had allotted 458 kanals of land with an on-paper value of Rs530 million to a trust owned by Imran and his wife.

He further said another 240 kanals were transferred to Farah Shehzadi, commonly known as Farah and believed to be a close friend of Mr Khan’s wife Bushra Bibi.

It is these 458 kanals that have now come under the scrutiny of the accountability bureau.

In the Nov 24 call-up notice served on Malik Riaz, he has been asked to record his statement regarding purchase of 458 kanals of land at Mauza Barkala, Tehsil Sohawa, Jhelum district.

The NAB had earlier sent notices to 21 members of former premier Imran Khan’s cabinet. Prominent among them are: Ghulam Sarwar Khan, Murad Saeed, Pervez Khattak, Shafqat Mahmood, Shireen Mazari, Ali Haider Zaidi and Hammad Azhar.

Published in Dawn, November 28th, 2022

 

[Major]

and what about Malik Riaz?

So Imran is getting arrested on a corruption charge where he gave back Malik riaz's money. However Malik Riaz is a free man sitting in Dubai.

It makes no sense that you charge Imran Khan but not charge Malik Riaz. Either both are guilty or both are innocent.

Pakistani justice system in a nutshell.

Even Rana Sanaullah mentioned the case but than ended up saying only Imran is who we see guilty but not Malik Riaz

 

[Bewal Express]

So Imran is getting arrested on a corruption charge where he gave back Malik riaz's money. However Malik Riaz is a free man sitting in Dubai.

It makes no sense that you charge Imran Khan but not charge Malik Riaz. Either both are guilty or both are innocent.

Pakistani justice system in a nutshell.

Even Rana Sanaullah mentioned the case but than ended up saying only Imran is who we see guilty but not Malik Riaz

A 140 cases and still nothing from the Generals and their puppets. Remember at the time when you guys would tell all the cases to come but so desperate did the Generals get that they humiliated themselves today. Those visuals will haunt the deep state for generations and both Sharifs and Zardaris will come to regret being used.

 

[MenInG]

Anti-corruption watchdog, Spotlight on Corruption, has called on the United Kingdom’s National Crime Agency (NCA) to make a public statement about its 2019 out-of-court settlement with property tycoon Malik Riaz Hussain, saying that it is concerned the settlement is “now at the heart of political turmoil and allegations of corruption in Pakistan”.

“Given the extensive disinformation and partisan reporting of the case which is leading to serious social unrest, it is essential that the NCA make a public statement about the settlement, and release the underlying settlement document,” a statement posted to the watchdog’s website read.

In 2019, too, the watchdog had raised concerns on the way in which the funds were returned to Pakistan. It had stated it appeared that Mr Hussain himself was the beneficiary of the funds he paid as part of the settlement with the NCA, by reducing his liabilities to the Supreme Court of Pakistan.

“It is our view that the NCA should never allow itself to be influenced by a foreign state in how it concludes its investigations in this way again,” it said.

The watchdog also called on the UK to “look beyond Russia”. “The ease with which corrupt elites from Pakistan of whatever party have been able to come and go, buy property, or hold political fundraising events in the UK, without a credible law enforcement or political response is a shocking indictment of how we continue to turn a blind eye to our role in enabling kleptocracy around the world,” the statement added.

Dawn has learnt that the NCA is refraining from making a public statement at the request of the Foreign, Commonwealth and Development Office (FCDO), which is concerned about political situation in Pakistan. However, both the FCDO and NCA did not respond to requests for comment.

Published in Dawn, May 28th, 2023