The NAB began the extradition process in January 2025. Malik Riaz is currently residing in the UAE, while Ali Riaz serves as the chief executive of Bahria Town. Both have faced multiple legal cases, including the Al-Qadir Trust case.

Key facts:

• Malik Riaz agreed to forfeit £190 million to Britain’s National Crime Agency (NCA) in 2019.
• The NCA returned these funds to Pakistan, central to a corruption case against ex-premier Imran Khan.
• The NAB chairman acknowledged challenges in bringing Malik and Ali Riaz back to Pakistan.

Malik Riaz is 72 years old, while Ali Riaz is 48. Their real estate ventures have drawn scrutiny over allegations of corruption. The NAB reports indicate substantial amounts of alleged fraud linked to various housing projects.

In the first quarter of 2026, the NAB recovered 2,962 billion rupees related to different corruption cases. This includes:

• 76.12 billion rupees alleged embezzlement in the Bahria Icon Karachi case.
• 152 billion rupees alleged fraud in the Bahria Golf City Islamabad case.
• 335 billion rupees alleged fraud related to the Takht Pari case.

Lt Gen (retd) Nazir Ahmed stated, “Today I am giving you breaking news that Interpol has issued a red notice against Malik Riaz and Ali Riaz.” However, he also noted that Dubai’s relationship with Pakistan could complicate matters further.

The claim regarding the Red Notices could not be independently verified through Interpol. As this situation develops, the focus remains on how Pakistan will navigate these legal challenges.

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The National Accountability Bureau (NAB) confirmed the issuance of the notices during a press briefing. NAB Chairman Lt Gen (retd) Nazir Ahmed stated that bringing Riaz back to Pakistan would be a challenge. He noted that the process to extradite both Riaz and his son began in January 2025.

Malik Riaz, aged 72, is the founder and chairman of Bahria Town, while his son Ali, 48, serves as the chief executive. The pair have faced multiple legal issues over land acquisition tactics used for their real estate projects.

In 2019, they agreed to forfeit £190 million to Britain’s National Crime Agency (NCA), which later returned the funds to Pakistan. This money became central to a corruption case against former Prime Minister Imran Khan.

Riaz had appealed in August 2025 for an opportunity to return to dialogue regarding his legal troubles. However, officials have not confirmed whether he will receive such an opportunity amidst these developments.

The announcement of the Red Notices has raised questions about potential extradition procedures. A Red Notice serves as a request circulated by Interpol to law enforcement agencies worldwide to locate and provisionally arrest individuals pending extradition.

Yet, there are uncertainties surrounding this situation. The claim of Interpol issuing Red Notices could not be independently verified at this time.

This latest action against Malik Riaz and his son adds another layer to their complex legal battles involving significant sums and high-profile allegations.

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