The National Accountability Bureau (NAB) has officially announced the auction date for several valuable properties owned by Malik Riaz’s, a well-known businessman in Pakistan. The auction will take place on August 7, 2025, at NAB Rawalpindi’s office located in G-6/1, Islamabad.
This auction is part of NAB’s ongoing efforts to recover assets in corruption cases. The goal is to protect public interest and return the money lost to the national treasury.
Punjab Government Decides to Impose Tax on Immovable Property
List of Properties to Be Auctioned
The following Malik Riaz properties will be up for auction:
- Bahria Town Corporate Office II, Plot No. 7-D, Park Road, Phase II, Rawalpindi
- Bahria Town Corporate Office, Plot No. 7-E, Park Road, Phase II, Rawalpindi
- Rubbish Marquee & Lawn, Bahria Garden City, near Golf Course, Islamabad
- Arena Cinema, Plot No. 984-Broad-A, Phase IV, Bahria Town, Rawalpindi
- Bahria Town International Academy, School Building at Jasmine Street & Silver Oaks Road, Safari Villas I, Rawalpindi
- Safari Club, Plot No. 27, Safari Villas Phase, Bahria Town, Rawalpindi
These properties are considered premium assets and are located in high-value areas of Bahria Town Rawalpindi and Islamabad.
Why This Auction Matters
According to NAB officials, this move is not just about selling properties. It is about making sure that people involved in corruption do not benefit from their actions. The money earned through this auction will go back to the public, helping to restore what was lost.
The auction also sends a strong message that no one is above the law, and that public resources must be protected.
FAQs
1. When is Malik Riaz’s property auction scheduled?
The auction will be held on August 7, 2025, at the NAB Rawalpindi office.
2. Which properties are being auctioned?
Several valuable properties in Bahria Town Rawalpindi and Islamabad, including offices, cinema, school, and club.
3. Why are Malik Riaz’s properties being auctioned?
They were seized as part of corruption cases to recover national losses.
4. Can the public take part in the auction?
Yes, eligible bidders can participate following NAB’s official auction guidelines.
5. What will happen to the auctioned property money?
The money will be used to support the national treasury and serve public interest.
