NAB, FIA uncover huge laundering network at Bahria Town

Islamabad – (Special Correspondent / Web Desk) – The Federal Investigation Agency (FIA) and the National Accountability Bureau (NAB) have carried out raids on Bahria Town offices in Islamabad, seizing important files and arresting staff members. The action is part of an ongoing probe into money laundering and illegal financial dealings.

Officials said the raids uncovered a wide network of hawala-hundi operations linked to property tycoon Malik Riaz and his son, Ali Riaz. Early findings suggest billions of rupees were moved through illegal channels over the years.

The FIA highlighted three major money laundering cases against Bahria Town:

• Rs 1.58 trillion from 2016 to January 2025

• Rs 1 billion from 2015 to March 2025

• Rs 24 billion between 2005 and 2015

Investigators also revealed benami (front) properties worth hundreds of billions of rupees. These discoveries match earlier cases already under NAB’s review, leading the bureau to reopen all pending enquiries against Bahria Town.

Both FIA and NAB have now stepped up the investigation and plan to start daily court proceedings next week. Officials promised to take the cases to their logical end and bring everyone involved to justice.