ISLAMABAD (April 29, 2026) — National Accountability Bureau (NAB) Chairman Lt. Gen. (Retd) Nazir Ahmed announced today that Interpol has officially issued Red Notices for property tycoon Malik Riaz and his son, Ali Riaz. During a briefing on the bureau’s latest performance, the NAB chief confirmed that a specialized team is being dispatched to facilitate the extradition of both individuals, who are currently residing abroad. The move marks a dramatic escalation in the state’s efforts to bring the Bahria Town founders to justice regarding multiple corruption references, including the high-profile Al-Qadir Trust case.
Quick Facts
- Interpol has issued Red Notices to locate and provisionally arrest Malik Riaz and Ali Riaz for extradition.
- NAB is sending a dedicated team to the UAE to coordinate the legal handover of the father-son duo.
- Both men were declared absconders in the Al-Qadir Trust case and have been under investigation since early 2025.
- The notices follow a series of legal setbacks, including the revocation of their UK visas due to unexplained wealth investigations.
- NAB had previously frozen numerous domestic assets and bank accounts belonging to the Bahria Town group.
انٹرپول نے ملک ریاض اورانکے بیٹے علی ریاض ملک کے ریڈ وارنٹ جاری کر دیئے۔ “ نیب کے کہنے پر انٹرپول نے ملک ریاض اور علی ریاض کے ریڈ وارنٹ جاری کیے۔” چیئرمین نیب لیفٹیننٹ جنرل ریٹائرڈ نذیر احمد بٹ
خبر کا سورس لنک جاننے کیلئے QR Code سکین کریں۔۔ pic.twitter.com/Vjtfm5qW8u
— Siasat.pk (@siasatpk) April 29, 2026
Escalating Legal Pressures
The issuance of Red Notices is the culmination of a multi-year effort by Pakistani authorities to address long-standing allegations of land grabbing and financial irregularities:
The Al-Qadir Connection: Malik Riaz and his son are central figures in the corruption case involving former Prime Minister Imran Khan, specifically regarding the repatriation of £190 million from the UK.
Dubai Projects: NAB recently issued a public warning against investing in Riaz’s new luxury apartment ventures in Dubai, stating such investments could be treated as money laundering.
While the NAB chairman expressed confidence in the process, officials noted that the team would work closely with Emirati law enforcement to navigate the formal surrender protocols.
The Tycoon’s Defense
Malik Riaz, 72, and Ali Riaz, 48, have consistently denied all allegations of criminal wrongdoing.
In previous statements, they characterized the £190 million settlement with Britain’s National Crime Agency (NCA) as a purely civil matter and an “unexplained wealth order” that did not imply a criminal conviction.
In social media posts earlier this year, Riaz termed the NAB’s actions as a “demand for blackmail” and vowed that he would not testify against any political figures under pressure.
Despite these defenses, the NAB chairman emphasized that the bureau remains “firm” in its resolve to ensure accountability, regardless of the influence or wealth of the accused. The pursuit of the Riaz family is seen as a litmus test for the bureau’s ability to execute high-profile international extraditions.
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