NAB to Auction Properties Linked to Malik Riaz on August 7
The National Accountability Bureau (NAB) has announced a scheduled public auction of high-value properties linked to real estate businessman Malik Riaz. The auction is set to take place on August 7, 2025, at the NAB Rawalpindi Office located in G-6/1, Islamabad.
The decision comes as part of ongoing legal proceedings related to the Al-Qadir Trust case, in which a plea bargain involving £190 million was recently concluded.
Islamabad High Court Reserves Verdict
Meanwhile, the Islamabad High Court (IHC) has reserved judgment on multiple petitions filed to challenge the proposed auction of Bahria Town assets. A final decision is expected in the coming days.
Properties Scheduled for Auction
According to NAB, the following Bahria Town properties in Islamabad and Rawalpindi will be auctioned:
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Bahria Town Corporate Office II, Plot No. 7-D, Park Road, Phase II, Rawalpindi
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Bahria Town Corporate Office, Plot No. 7-E, Park Road, Phase II, Rawalpindi
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Rubbish Market & Lawn, near Bahria Garden City Golf Course, Islamabad
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Arena Cinema, Plot No. 984-Broad-A, Phase IV, Rawalpindi
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Bahria Town International Academy, Jasmine Street & Silver Oaks Road, Zero Villas I, Rawalpindi
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Safari Club, Plot No. 27, Safari Villas, Bahria Town, Rawalpindi
These properties include commercial offices, entertainment venues, and educational institutions, and have been attached as part of NAB’s recovery process in the high-profile case.
Auction Details and Participation
The auction will be conducted under NAB’s standard procedures, and interested parties are advised to contact NAB Rawalpindi for participation guidelines, bidding terms, and property inspection schedules.
This development reflects ongoing efforts to ensure transparency, accountability, and asset recovery in major financial cases involving public interest.
