Built empire worth billions from borrowed Rs 1500, man who sent ex Pakistan PM Imran Khan to jail is now on the run due to..., his name is...
Malik Riaz Hussain had been active in the country's affairs for a long time. It is alleged that it is because of him that former Prime Minister Imran Khan was jailed. Now, he is in the clutches of the law. Who is Malik Riaz Hussain, and why is he in the news?
Malik Riaz Hussain, as mentioned above, is one of the most influential and rich builders of Pakistan with access to the power corridors of the country. Now, he is in the clutches of the law. His Bahria Township is considered the pride of Pakistan, but now his properties are being auctioned. Pakistan's National Accountability Bureau (NAB) has auctioned three properties of Malik to recover the lost money.
The story of Malik Riaz Hussain is no less than a fairy tale. Malik was considered the most powerful and influential person in Pakistan for years. He not only had access to big leaders but also had close relations in the army and media. Due to these relations, he often escaped difficulties. But this time, it seems that luck has left him. What is the story behind the loan of 1500 rupees?
Malik's story started about 40 years ago as a contractor. At that time, his family did not have enough money to treat their newborn daughter. For this, the family had to sell their silver utensils. But after that, in 1979, Malik borrowed 1500 rupees from his friend and applied for a contract in the engineering wing of the army. After this, Malik's luck shone so much that he reached the list of the richest people of Pakistan. How did he become an outlaw?
Malik spent lots of money on army officers and politicians. In return, he started getting big contracts, thereby earning a lot of status and money and getting close to politicians, judges and military officers. He used to say openly that he had bribed not only politicians but also judges and ISI officers. He developed Pakistan's first gated colony, named Bahria Town. He also got huge replicas of the Eiffel Tower and the Statue of Liberty installed on the hill of the colony. When the noose started tightening in Pakistan, he fled to the UAE. What is the secret of 190 million pounds?
The root of this story is linked to a big settlement deal of 190 million pounds (about 2200 crore Indian rupees). In 2019, Britain's National Crime Agency (NCA) claimed that Malik Riaz agreed to pay 190 million pounds as a settlement of the ongoing investigation in the UK. It was alleged that this money was obtained from the proceeds of crime. Later, under an agreement, it was decided that this amount would be given to the Pakistani government. How did Imran Khan end up in jail because of Riaz?
The real game started from here. Allegations were made that instead of depositing this money in the government treasury, the government of the then Prime Minister Imran Khan used it to pay the fine imposed on Malik Riaz for illegal land acquisition in Karachi. Now, Al-Qadir Trust comes into the scene. Former Prime Minister Imran Khan and his wife were accused of taking a bribe from Malik Riaz. It was said that with the help of this money, Imran Khan took land from Malik Riaz and used it for his trust. In this case, Imran Khan was also sentenced to 14 years in January 2025.
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