The Federal Investigation Agency (FIA) has uncovered a massive money laundering operation involving Bahria Town and its founder, Malik Riaz. The investigation has revealed evidence pointing to the laundering of approximately Rs1.12 billion through illegal channels. These findings come after a recent raid at Safari Hospital in Rawalpindi, where key documents related to the operation were seized.
According to Information Minister Attaullah Tarar, the FIA’s raid exposed how funds were being transferred abroad using hawala and hundi networks. These operations were allegedly run by two individuals, Imran and Kaiser, who were linked to Bahria Town’s financial operations. The FIA has also confiscated documents that suggest Bahria Town officials played a central role in this illegal activity.
The money laundering operation was reportedly coordinated from Safari Hospital in Rawalpindi, a location that the authorities allege was used as a front for storing cash and financial records. Ambulances from the hospital were said to have been used for transporting both money and documents discreetly, avoiding suspicion.
Minister Tarar further claimed that Bahria Town’s senior officials were actively involved in moving funds abroad, using these illegal financial networks. However, he assured that residents of Bahria Town would not be affected by the ongoing investigation, which is primarily targeting Malik Riaz, his family, and close associates.
In response to these serious allegations, Bahria Town has filed a petition in the Supreme Court. The company is challenging the auction of its properties, a move that follows a series of legal battles with the National Accountability Bureau (NAB). Meanwhile, Malik Riaz has called for negotiations, expressing his willingness to resolve the matter through arbitration, should the Supreme Court approve it.
This ongoing investigation into Malik Riaz and Bahria Town has brought intense public attention to the company’s operations. As more details unfold, the FIA anticipates uncovering additional funds tied to the illegal network. The agency is continuing to collect evidence, with more raids expected in the coming weeks.
Bahria Town’s legal team remains in communication with the government, hoping to clear the company’s name and restore its reputation. The Supreme Court will now decide on the next course of action in this high-profile case.
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