Malik Riaz, Pakistan’s well-known property tycoon, is all set to enter the country’s competitive media landscape. One of the richest people in Pakistan, his Bahria Town schemes are known for their posh housing communities.
To ensure that his projects are executed smoothly in Pakistan, the tycoon makes no secret of the fact that greases a lot of palms. Now, in a bid to better protect his commercial interests and reputation, the 66-year old Mr. Riaz is all set to launch a media empire.
The real estate tycoon has plans to launch multiple channels, as he told Reuters in an interview held earlier this month. He said, “To stop blackmailers, I have decided that there is no way but to go into media. I will launch many TV channels, not one.”
Malik Riaz will launch a media empire to protect his commercial interests and personal reputation
Always a figure that has attracted controversy, Malik Riaz is embroiled in many ongoing investigations into his business practices by National Accountability Bureau. Allegations against him include illegal land grabbing and currying favor with politicians to acquire land for his property business on cheap rates.
The tycoon denies any wrongdoing and stresses the need for having a powerful voice in the media to fend off these allegations. Previously he also held the license to Bol TV, before selling it to Axact in 2013.
His Bahria town project is bigger than Islamabad itself, and it comprises part of his property portfolio encompassing more than 40,000 acres of developed land countrywide. Bahria Town also employs 60,000 personnel.
A far cry from the rest of the country, the housing communities are like an ecosystem of their own with smooth roads, imported grass and round-the-clock security. Recently Bahria Town entered a partnership with Mobilink to provide digital services to the inhabitants of Bahria Town, as well as one with PTCL for ICT solutions.
via Reuters
Image credits: Reuters
kch bhi ho bnda jo krta hai that always has a class
than you paki say why we hate you… looking for a class in a low life thief
how low can you get
calm down brother… i think u didn’t smell the point i made
Jo log Paki Porki etc Baqi Pakistanio ko keh rahey hain, Yahee ALFAZ sunthay hain jahan Ye rehthey hain.
+1
Paisa Phek… Tamasha Dekh!
now the time that some strong competitor for our black media
Badshah laga Malik Riaz you are my role model.I hope you become PM of Pakistan.
Sir, meri CV dekh len zara…. :D
FOOTBALL sports channel PLEASE !
And a Pakistani kids channel plz. I am fed up with these Hindi dub cartoon channels. Just skipped pogo from channel list. Don’t want my daughter to watch it.
nickelodeon dekho yeh phir net sey torrent pack download kar lo.
Or let me develop youtube for kids only version.
u can stick to youtube
start of a new shit along with a bulk of shit already spread around us… Most of the media channels are just profit oriented and creating hype to get attention and earn money.. no standard is being set and followed. no care about the negative impact of Yellow journalism on country… no standard for being a journalist or anchor… just start shouting and be a Big one in media… on root level… salary structure is unknown but black mailing/ agent culture is promoted to earn by their own.. (we belong to Media.. give me this favor etc)
Minus the Paindoo-ness… He’s the TRUMP equivalent of Pakistan. :D
Nobody can match the dumbness of trump
Well known Express Media Group, ARY Media Group and a few others were launched with the exact very same idea
bhaio sab chanels and newspapers esi tara marz-e-wajood ma aye hain
Land grabbing k baad ab media ki baari aa gae.
Thank you Malik Riaz (NOT)