NAB Warns Against Bahria Town Dubai Investments as Malik Riaz Faces Extradition Efforts
NAB's warnings serve as a critical alert for potential investors regarding the risks associated with Bahria Town's Dubai project.

The National Accountability Bureau (NAB) issued a stern warning against investing in Bahria Town’s new luxury real estate project in Dubai, highlighting potential legal repercussions for investors.
This caution follows the recent conviction of former Prime Minister Imran Khan and his wife in the Al-Qadir Trust case, where Malik Riaz, the property tycoon behind Bahria Town, is also implicated as a co-accused and proclaimed offender.
NAB has advised the public to refrain from investing in the Dubai project, stating that such actions could be classified as money laundering, exposing investors to criminal charges. The bureau emphasized that investments in this project could lead to serious legal consequences due to ongoing investigations into Malik Riaz and his associates for fraudulent activities related to land acquisition and development practices.
In a press release issued on Jan 21, carried by state-owned media outlet Radio Pakistan, NAB said: “Mr Malik Riaz is residing in Dubai, UAE. He has recently launched a project for the construction of luxury apartments in Dubai, UAE. The general public at large is hereby advised and warned to refrain from investing in the stated project. If the general public at large invests in the stated project, their actions would be tantamount to money laundering, for which they may face criminal/ legal proceedings.
“The government of Pakistan is reaching out to the government of UAE for the extradition of Malik Riaz through legal channels.”
This move is part of broader efforts to hold accountable those involved in various corruption cases, particularly following the recent legal troubles faced by prominent political figures associated with Riaz.
Malik Riaz is currently a fugitive linked to multiple allegations of fraud and illegal land acquisition across several Pakistani cities. NAB has frozen numerous assets connected to him and his business ventures, citing credible evidence of illegal land possession and unapproved housing developments.
NAB’s warnings serve as a critical alert for potential investors regarding the risks associated with Bahria Town’s Dubai project.