National Accountability Bureau (NAB) has frozen 3,150 acres of land linked to Bahria Town Karachi 2 (BTK-2) in Jamshoro as well as a 67-acre villa reportedly owned by Ali Riaz Malik, son of property tycoon Malik Riaz.
According to officials, the action was taken following a freezing order issued earlier this month by NAB Karachi Director General Shakeel Durrani under Section 12 of the National Accountability Ordinance (NAO) 1999.
Jamshoro Deputy Commissioner Ghazanfar Qadri confirmed that all transactions related to BTK-2 on the M-9 Karachi-Hyderabad Motorway had been frozen.
NAB stated that an inquiry found that 3,150 acres of government land in Dehs Babar Band, Hathal Buth, Uth Palan, and Sarri in Taluka Thana Bula Khan had been transferred through 94 sale deeds to M/s Paradise Real Estate and was being utilized under the BTK-2 project.
According to the freezing order, the land was originally notified as forest land in May 1966. Authorities have prohibited all sale, purchase, transfer, lease, construction, development activity, and creation of third-party interests on the frozen properties.
The provincial forest secretary has been appointed as the receiver of the land and directed to take possession of the properties, manage any proceeds generated, and submit regular status reports.
In a separate action, authorities also froze Ali Villa located in Bahria Hills, Bahria Town Karachi. Karachi Commissioner Syed Hassan Naqvi stated that the 67.5-acre property had allegedly been illegally constructed on government land in violation of laws.
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