KARACHI: Pakistan’s National Accountability Bureau (NAB) has filed a reference against real estate tycoon, Malik Riaz Hussain, and 32 other individuals over illegal transfer of government lands for a mega project in the southern Pakistani city of Karachi, a NAB spokesperson said on Saturday.
Hussain, who currently lives in Dubai, is one of Pakistan’s wealthiest and most influential businessmen and the country’s largest private employers. He is best known as the chairman of M/s Bahria Town, which claims to be Asia’s largest private real estate developer and has projects in Islamabad, Lahore, Karachi and other cities.
NAB filed the reference in an accountability court in Karachi nominating Hussain, his son Ahmed Ali Riaz, former Sindh chief minister Syed Qaim Ali Shah and Sharjeel Inaam Memon, then local body minister and now information minister of Sindh, among 33 people for illegally transferring government land to M/s Bahria Town for its Bahria Town Karachi project in 2013 and 2014.
“Accused persons in connivance with each other illegally transferred the government land, initialy admeasuring 7220 acres, to M/s Bahria Town,” the anti-graft body said in the reference. “The said illegal transfer of government land to Bahria Town was made under the garb of adjustment/exchange/consolidation.”
It said the accused persons acted as an “organized syndicate” to cause cumulative losses of Rs700 billion ($2.5 billion) to the national exchequer, requesting the court to try them for committing the “offenses of corruption and corrupt practices.”
The development came days after NAB said it had initiated the process to seek Hussain’s extradition from the United Arab Emirates (UAE), who was also charged in another land corruption case involving former prime minister Imran Khan and his wife.
A Pakistani court last month sentenced Khan to 14 years in prison and his wife, Bushra, to seven years, in the case in which they are accused of receiving land as a bribe from Hussain through the Al-Qadir charitable trust in exchange for illegal favors during Khan’s premiership from 2018 to 2022. Khan says he and his wife were trustees and did not benefit from the land transaction. Hussain too denies any wrongdoing relating to the case.
“We have written to the Federal Investigation Agency for the extradition,” a NAB spokesman told Arab News on Wednesday, adding that the FIA would now pursue the case.
Prior to that, Defense Minister Khawaja Asif confirmed that Pakistan would use its extradition treaty with the UAE to bring Hussain back.
Last month, NAB also cautioned people against investing in Hussain’s new real estate venture to build luxury apartments in Dubai.
“If the general public at large invests in the stated project, their actions would be tantamount to money laundering, for which they may face criminal and legal proceedings,” it said.
Hussain responded to NAB in a post on X, saying that “fake cases, blackmailing and greed of officers” had forced him to relocate from Pakistan because he was not willing to be a “political pawn.”
Pakistan anti-graft body files reference against property tycoon over illegal transfer of Karachi land
https://arab.news/zv3tj
Pakistan anti-graft body files reference against property tycoon over illegal transfer of Karachi land
- Malik Riaz Hussain and others are accused of having over 7,000 acres of government land transferred illegally to Bahria Town Karachi
- The development comes days after National Accountability Bureau said it had initiated process to seek Hussain’s extradition from UAE
Pakistan warns against landslides, avalanches next week amid rain and snowfall prediction
- Westerly wave likely to approach western areas from Dec. 29, persist till Jan. 2, says Met Office
- Pakistan advises tourists to exercise caution while traveling in northern areas during the period
ISLAMABAD: Pakistan’s Meteorological Department on Sunday warned against the possibility of landslides and avalanches in the country’s northern areas next week, as it forecast heavy rains and snowfall in hilly regions.
The Met Office predicted that a westerly wave is likely to approach Pakistan’s western areas from Dec. 29 and strengthen from Dec. 30 onwards. This wave is expected to grip most upper and central parts of the country on Dec. 31 and persist in the upper areas till Jan. 2, the PMD said.
“Possibility of landslides/avalanches in hilly areas of upper Khyber Pakhtunkhwa, Gilgit-Baltistan and Kashmir during the period,” the PMD warned.
“Tourists are advised to remain extra cautious and avoid unnecessary traveling during the period.”
The advisory warned that rainfall with wind and thunderstorm and snowfall is likely in Punjab’s Murree and the Galliyat region from Dec. 30 to Jan. 2 with occasional gaps. It also warned of rain with wind, thunderstorms and moderate snowfall in the northern Gilgit-Baltistan and Kashmir regions during the same period.
The PMD warned of rain with wind and thunderstorms, with moderate to heavy snowfall in upper areas from Dec. 30 to Jan. 1 in the northwestern Khyber Pakhtunkhwa province.
For Sindh and Balochistan provinces, the PMD warned that rain with wind and thunderstorms with snowfall were expected over hilly areas from Dec. 29-31.
The PMD warned snowfall may cause road closures or slippery conditions in the northern areas of Naran, Kaghan, Dir, Swat, Kohistan, Mansehra, Abbottabad, Shangla, Astore, Hunza, Skardu, Murree, Galliyat and Neelum Valley from Dec. 30 to Jan. 2.
“Fog condition is likely to subside in central/southern parts of Punjab and upper Sindh during the wet spell,” it said.
“Daytime temperatures are likely to drop further in the coming week, particularly after the spell.”
Authorities in the past have urged people to avoid northern areas or exercise caution in travel when weather conditions are expected to deteriorate during the winter season.
At least 21 people, including nine children, died in freezing temperatures after being stuck in their vehicles in the Pakistani hill station of Murree in January 2022 when roads became impassable due to heavy snow.
