The National Accountability Bureau (NAB) conducted a raid at Bahria Town’s Rawalpindi office on Tuesday. According to reports, a 16-member NAB team performed the raid at the company head office, with police cordoning off the whole area to ease the operation.
According to NAB authorities, the operation was conducted to gather data pertaining to Al-Qadir Trust University. This comes after the Capital Development Authority (CDA) allocated property for a zoo, which has sparked an investigation.
A study given to the Supreme Court indicated that Bahria Town Karachi had seized 3,031 acres of land, much more than what was agreed upon. This study is part of an ongoing litigation about the recovery of Rs460 billion from Bahria Town Karachi, proving that the housing society possesses more land than allowed in the contract.
In reaction to the raid, Malik Riaz, the owner of Bahria Town, turned to social networking site X, claiming that he would not become an approver regardless of the abuses he observed.
Maria Ghanchi