An accountability court has issued non-bailable arrest warrants for real estate magnate Malik Riaz, his son Ahmed Ali Riaz Malik, and several senior Bahria Town officials over their alleged involvement in the unlawful allotment of government land along Karachi’s M-9 Motorway in Malir district.
The court took this step after the accused repeatedly failed to comply with court summons issued over the past several months.
Those named in the case include Malik Riaz, founder of Bahria Town; his son Ahmed Ali Riaz Malik; Zain Malik, a key family member and executive; Shahid Mahmood Qureshi, the company’s CEO; and Waqas Rafat and Wasim Rafat, close relatives who are also under investigation.
According to the National Accountability Bureau (NAB), the accused allegedly conspired with government officials in Sindh to illegally transfer large portions of public land—originally designated for infrastructure and development projects—into private hands.
The bureau claims that this was accomplished through the use of forged documents, tampered records, and misuse of official positions, resulting in significant financial damage to the national exchequer.
The suspects face serious charges, including criminal breach of trust, abuse of authority, and misappropriation of public assets. The case has highlighted deep-rooted concerns about corruption and the lack of oversight in large-scale real estate ventures.
The court has directed law enforcement agencies to arrest the individuals named and present them before the court without further delay.
