Malik Riaz, his son Ali Riaz, and Zain Malik are under a notable reference under NAB Karachi against the leadership of Bahria Town.
The first accused is its owner, Kunzir Malik Riaz, his son Ali Riaz, and Zain Malik.
Alongside them, 30 other individuals face allegations related to the illegal transfer of government land.
The contested area covers more than 17,000 acres along the edge of the Super Highway.
NAB sources claim the suspects played a role in the unlawful allotment and transfer of land in 2013.
This criminal act is alleged to have resulted in a total financial drain of more than Rs708 billion on the national exchequer.
The reference contains many offices of high grade governmental officers from Bahria Town.
The accountability court of the National Association of Broadcasters (NAB) has formally served all the respondents with notice.
They have been invited to attend a hearing on February 25. The key figures named in the reference include Malik Riaz, the owner of Bahria Town.
His son Ali Riaz and Zain Malik, both of them executives, are also implicated.
Other prominent names include Ahmed Bakhsh Narejo, a former senior Board of Revenue member. Saqib Soomro, the former secretary of the land utilization department, is also implicated.
Javed Hanif, a retired bureaucrat and member of parliament (M) belonging to Muttahida Qaumi Movement (MQM) is also one of the accused.
Manzoor Qadir Kaka, a past director general of Sindh Building Control Authority, is also implicated.
Agha Maqsood Abbas, former chairman of the Karachi Dvelopment Authority, is also another prominent accused.
A number of Bahria Town officials, namely Muhammad Awais, Wasim Riffat, Waqas Riffat and Shahid Qureshi, are also mentioned.
Moreover, government personnel such as Mukhtiar Kar Tufeel Khaskheli Sohail Memon are being accused.
Others are Assistant Commissioner Zaqbal Mirani and Abdul Rehman Dahar.
Other former Deputy(Commissioner) Qazi Jan Muhammad and former Assistant(Commissioner) Mukhtar Abro are also included.
The citation also points out the inability of Bahria Town to adhere to the guarantees it gave to the Supreme Court.
Earlier, the supreme court had ordered the company to deposit Rs460 billion as part of its settlement.
This settlement aimed to address similar land-related issues. But Bahria Town has deposited so far only Rs24.26 billion.
According to this amount, it is considerably less than the target Rs66.25 billion with the running timeframe.
Moreover, the Supreme Court had instructed the Sindh government to conduct a comprehensive land survey.
The survey findings showed significant variations in land records of Bahria Town. The government’s report stated that Bahria Town possessed 16,931 acres.
This figure was lower than the 16,986 acres claimed by the company. These results have induced significant anxieties concerning Bahria Town’s land acquisition practicesd.
