Interpol has issued Red Notices against Malik Riaz and his son Ali Riaz, as Pakistan intensifies efforts to bring the property tycoon back to face ongoing legal proceedings.
The development was shared by National Accountability Bureau Chairman Nazir Ahmed during a briefing, where he said a team is being dispatched to pursue the extradition of both individuals. However, the issuance of the Red Notices could not be independently verified through Interpol.
A Red Notice is a global alert requesting law enforcement agencies to locate and provisionally arrest individuals pending extradition or legal action.
Malik Riaz, aged 72, founded Bahria Town and built it into one of Pakistan’s largest private real estate developers, while his son Ali Riaz, 48, currently serves as chief executive. The group has played a major role in shaping Pakistan’s private housing sector but has also remained under scrutiny for years.
The tycoon and his company have faced multiple legal challenges, including allegations related to land acquisition practices. In 2019, the Supreme Court ordered Bahria Town to pay dues to the Sindh government linked to land acquired for its Karachi project, marking one of the most high-profile cases involving the group.
Riaz is also a central figure in the Al Qadir Trust case, where he has been declared an absconder.
Pakistan’s authorities began formal efforts to extradite him and his son from the United Arab Emirates in early 2025, reflecting a sustained push to pursue accountability in high-profile financial cases.
In a separate international case, Malik Riaz and his son agreed in 2019 to forfeit £190 million to the United Kingdom’s National Crime Agency following an unexplained wealth order investigation. The settlement was later repatriated to Pakistan.
Mailk Raiz is greater business man his idea s for over country is outstanding love u Mailk Raiz
he’s genious n pioneer of paving the ways to bring modernisation in housing sector of Pakistan.