Malik Riaz Requests Field Marshal Asim Munir to End Bahria Town Crackdown

Malik Riaz Hussain, the founder of Bahria Town, has written to Field Marshal Asim Munir and other high-ranking officials, requesting intervention to halt the forced seizure and auction of Bahria Town's assets. The business magnate claims that at least Rs. 238.6 billion worth of Bahria Town properties have been seized, auctioned, or face disposal, despite many legal cases remaining unresolved.

Malik Riaz argues that selling key assets at low prices would hinder the company's ability to complete development projects and fulfill its legal obligations. Furthermore, he states that nearly Rs. 372 billion worth of development work has been halted, impacting housing schemes, public infrastructure, utilities, and thousands of people connected to the corporation.

Malik Riaz alleges that he and his family received death threats and surveillance, with an FIR registered for the threats, later cancelled, and then reinstated by the High Court. However, no independent investigation has been carried out, and the perpetrators remain at large. The Bahria Town founder asserts that the conflict is not merely a private business matter, as thousands of families have invested in the projects, while contractors, suppliers, financial institutions, and employees rely on the company's operations.

Malik Riaz urges for the resolution of outstanding disputes through institutional dialogue, rather than continued asset seizures. He maintains that Bahria Town does not seek immunity from the law, but rather wants legal disputes to be settled through the proper legal channels, rather than through asset attachment and disposal.