Tag: Malik riaz

Uzma Khan withdraws case against women who assaulted her

A week after lodging a first information report (FIR) against three women for assault and torture, actor Uzma Khan on Tuesday withdrew the case leaving her supporters in despair. Uzma submitted an application to Defence C Police, saying the case she had gotten registered last week was lodged “on basis of a misunderstanding” and she no longer wants to pursue it.

Malik Riaz booked in Rs. 100 bn land scam in Karachi

Real estate tycoon Malik Riaz has been booked by the National Accountability Bureau (NAB) for illegal allotment of an amenity plot in Karachi’s Clifton area where the Bahria Town built Pakistan’s tallest building, Bahria Icon Tower. It is the first reference in which Malik Riaz, the chairman of the Bahria Town, is nominated in an offshoot of the fake accounts case.

NBP receives complete £190m settlement from UK in Malik Riaz case

A total of 190 million pounds from UK’s National Crime Agency (NCA) have been received by National Bank of Pakistan (NBP) on account of a settlement with property tycoon Malik Riaz Hussain’s family. The State Bank of Pakistan confirmed the news but declined to share details. However, the debate about whether the funds belong to state bank or the government is still ongoing.

Malik Riaz’s UK assets worth £190 mn to be returned to Pakistan

As a result of an investigation, the National Crime Agency (NCA) of the United Kingdom has agreed to a settlement worth £190 million with the family of property tycoon Malik Riaz. The assets will now be returned to the state of Pakistan. The assets worth £190 million include a UK property  valued at approximately £50 million and all funds in the frozen accounts.