The number of inquiries and investigations initiated by the National Accountability Bureau (NAB) Karachi against Bahria Town has now reached 14. These investigations relate to the alleged fraudulent allotment of thousands of acres of land to Bahria Town. In Jamshoro, fraudulent entries and alterations in land records led to the inclusion of land within the Bahria Town development.
The inquiry also covers the alleged illegal sale and purchase of properties without paying official government fees. In Malir district, the alleged illegal exchange and adjustment of over 17,000 acres of government land is under scrutiny.
The probe also includes the purchase of 527 kanals in Murree with income allegedly earned through Bahria Town Karachi. Money laundering allegations against Bahria Town are also under investigation. The illegal allotment of land worth Rs6 billion to Bahria Town in 2015 for only Rs383 million is also part of the case.
Inquiries have also been opened regarding the non-delivery of booked plots within the agreed-upon period in various Bahria Town projects. Other cases under investigation include alleged public fraud, non-payment of EOBI dues for employees, and the illegal alignment of land originally designated for the K-IV project. The construction of illegal buildings in Bahria Town Karachi in violation of SBCA regulations is also under examination.
Individuals named in the inquiries include Malik Riaz, Ahmed Ali Riaz, Zain Malik, and other members of Malik Riaz’s family. Former Sindh chief minister Qaim Ali Shah, deputy commissioners, and Bahria Town administrative officers are also involved. Officers from the Board of Revenue, SBCA, EOBI, Water Board, and the Land Utilisation Department have also been named, along with several estate agents, builders, developers, and officials from the Malir and Hyderabad Development Authorities.
Title: FIA Cracks Down on Illegal Currency Exchange
The Federal Investigation Agency (FIA) Commercial Bank Circle Karachi has conducted successful operations, leading to the arrest of two suspects involved in hawala hundi from Liaquat National Hospital and Sharafabad.
The arrested suspects have been identified as Muhammad Ashfaq and Muhammad Yameen. During the operation, the FIA recovered Rs7.2 million in cash, three mobile phones, and other evidence linked to the hawala hundi transactions.
According to an FIA spokesperson, the suspects could not provide a satisfactory explanation for the recovered currency. Both individuals have been taken into custody, and investigations are ongoing. The FIA further confirmed that raids are being conducted to apprehend the suspects’ accomplices.
