Interpol has issued red notices for property tycoon Malik Riaz, his son: NAB chief
Interpol has issued Red Notices against Bahria Town owner Malik Riaz and his son Ali Riaz, National Accountability Bureau (NAB) Chairman Lt General (retired) Nazir Ahmed said on Wednesday.
A red notice is a request to law enforcement agencies by Interpol to locate and provisionally arrest a person pending extradition, surrender, or similar legal action.
The NAB chairman made the remarks during a briefing on the bureau’s performance. Ahmed said the NAB was sending a team for the extradition of both Riaz and his son.
Riaz, 72, is the founder and chairman of Bahria Town, while his 48-year-old son serves as chief executive. In 2019, the pair agreed to forfeit £190m to Britain’s National Crime Agency (NCA) following an unexplained wealth order investigation. The settlement included proceeds from the sale of a £50m London mansion.
Riaz and his real estate company have been embroiled in legal woes in the past few years, with the tycoon being an absconder in the Al-Qadir Trust case. The NAB had started the process to extradite Riaz and his son from the UAE in January 2025.
More to follow
