NAB prepares another encroachment reference against Malik Riaz


National Accountability Bureau (NAB) Rawalpindi has prepared a second corruption reference against Bahria Town chief Malik Riaz, according to a media report.

According to the report, the reference has been sent to NAB Chairman Justice (r) Javed Iqbal for approval.

NAB is investigating Malik Riaz and his son Ali Riaz in a case regarding encroachment of land for their Bahria Golf City Murree project. They are accused of encroaching on land in Shamlat as well as illegally allotting land for the project.

The bureau is already investigating Malik Riaz in the Takhat Pari land encroachment case.

On March 21, the Supreme Court accepted Bahria Town’s offer of a Rs460 billion settlement in a case of encroachment along Karachi’s Super Highway. It stopped NAB from investigating or filing any more cases against Bahria Town Karachi.