NAB seals Bahria Town properties across Pakistan

The National Accountability Bureau (NAB) has sealed several high-rise residential and commercial properties of Bahria Town in Karachi, Lahore, Takht Pari, New Murree/Golf City, and Islamabad.

According to Dawn News report, NAB is investigating multiple cases of fraud and deception against Bahria Town owner Malik Riaz and others.

Hundreds of bank accounts and vehicles associated with Bahria Town have been frozen to safeguard the rights of citizens.

NAB revealed that funds are being illegally transferred from Pakistan to Malik Riaz's Dubai project, with strong evidence of money laundering.

NAB has warned the public to avoid investing in Bahria Town’s projects and ignore any attractive offers.

Read more: “Blackmail won’t work:” Malik Riaz reacts to NAB’s warning against his Dubai project

Additionally, NAB has filed multiple references against Malik Riaz and others in Islamabad and Karachi accountability courts, and the courts have summoned all accused.

Efforts to bring fugitive suspects back to Pakistan are also underway.