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Karachi court issues non-bailable arrest warrants for Malik Riaz’s son-in-law – Pakistan

An accountability courtroom on Saturday issued non-bailable arrest warrants for actual property tycoon Zain Malik, a son-in-law of actual property tycoon Malik Riaz, in a case pertaining to alleged unlawful amalgamation of business land to the Bahria City for a multi-storey constructing in Karachi.

Former Karachi mayor and Pak Sarzameen Get together Chairman Syed Mustafa Kamal, Zain Malik, former Karachi district coordination officer Fazlur Rehman, former government district officer Iftikhar Qaimkhani and others are going through trial within the case.

On Saturday, the matter got here up earlier than the accountability court-III choose. Kamal and others appeared earlier than the courtroom on bail. Nonetheless, Malik was absent.

His counsel knowledgeable the courtroom that Malik was in the UK for remedy and an software had been filed with the request to document his assertion from the UK and for the submitting of any cost(s) to be framed in opposition to him, as had been finished within the Park Lane reference in opposition to former president Asif Ali Zardari.

Nonetheless, the choose turned down the request and issued non-bailable arrest warrants for Malik. The investigation officer was directed to arrest and produce Malik earlier than the courtroom on the following date of listening to.

The choose deferred indictment of Kamal, Rehman and others within the case until Oct 9.

In June 2019, the courtroom had admitted the reference filed by the Nationwide Accountability Bureau (NAB) in opposition to the then metropolis mayor Mustafa Kamal, then DCO Rehman, then EDO Qaimkhani, then district officer Mumtaz Haider, then extra DO Syed Nishat Ali after which Clifton sub-registrar-II Nazir Zardari.

The reference additionally named 5 builders — Zain Malik, Mohammad Dawood, Mohammad Yaqoob, Mohammad Irfan and Mohammad Rafiq — all related to M/s DJ Builders and Builders.

Based on the reference, the Karachi Metropolitan Company in 1982 created 198 stalls/retailers on two amenity plots adjoining to the Kothari Parade for dislocated hawkers whereas 4 business plots, every measuring 255.55 sq yd, have been additionally created within the locality.

It alleged that M/s DJ Builders bought 4 business plots and 198 stalls of the hawkers. Nonethelessthe 2 amenity plots have been by no means transferred within the builder’s title.

NAB additional alleged that Zain Malik and others related to M/s DJ Builders with connivance of the then Karachi mayor Kamal, DCO Rehman and others, unlawfully bought transferred 102 stalls in favour of Bahria City Personal Restricted by way of a conveyance deed with out acquiring permission from the Karachi Improvement Authority.

The reference claimed the worth of those stalls was proven within the registration deed as solely Rs260 million whereas the market worth was assessed at Rs2.155 billion and compelled sale worth was adjudged at Rs1.724bn.

The anti-graft watchdog claimed Malik was the following beneficiary of the amalgamated plot, which was illegally transferred within the title of M/s Bahria City with energetic connivance of the primary beneficiary (DJ Builders and Builders) and the sub-registrar-II, Clifton.

Earlier this month, the accountability courtroom dismissed an acquittal application of Malik, who withdrew the identical and knowledgeable the courtroom that he may go for a plea cut price with NAB.

Defence counsel Amir Raza Naqvi stated his shopper needed to withdraw his acquittal software, which was filed underneath Part 265-Ok of the prison process code (CrPC) learn with Part 4(2)(b) of the Nationwide Accountability Ordinance (NAO), 1999.

He stated Malik had already reached a settlement in three different instances with the NAB authorities, who had accepted his plea cut price. Subsequently, the related accountability courtroom in Rawalpindi had additionally permitted his plea cut price settlement with NAB in these issues, the counsel maintained.

Subsequently, Naqvi stated, he didn’t press the pending acquittal software of Malik and requested to withdraw the identical, saying there was a chance that his shopper may decide for the same plea cut price with the NAB authorities within the current matter as effectively.

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