The National Accountability Bureau (NAB) has announced that it will auction multiple high-profile properties belonging to real estate tycoon Malik Riaz on August 7, 2025.
The Islamabad High Court (IHC) has reserved its verdict on petitions challenging the proposed auction of Bahria Town properties.
The auction will be held at the NAB Rawalpindi Office, located in G-6/1, Islamabad.
According to NAB, the properties up for auction include major commercial and recreational assets in Bahria Town Rawalpindi and Islamabad, such as:
- Bahria Town Corporate Office II, Plot No. 7-D, Park Road, Phase II, Rawalpindi
- Bahria Town Corporate Office, Plot No. 7-E, Park Road, Phase II, Rawalpindi
- Rubbish Market & Lawn, near Bahria Garden City Golf Course, Islamabad
- Arena Cinema, Plot No. 984-Broad-A, Phase IV, Rawalpindi
- Bahria Town International Academy, Jasmine Street & Silver Oaks Road, Zero Villas I, Rawalpindi
- Safari Club, Plot No. 27, Safari Villas, Bahria Town, Rawalpindi
The assets have been attached in connection with a recent plea bargain reached in the £190 million Al-Qadir Trust case.