Editor Report
Islamabad :Law enforcement agencies on Monday intensified their crackdown on financial crimes, as the Federal Investigation Agency (FIA) and the National Accountability Bureau (NAB) jointly raided Bahria Town offices in Islamabad, seizing key records as part of an ongoing investigation into money laundering and illegal financial networks.According to FIA officials, the raids led to the recovery of sensitive documents and the arrest of several Bahria Town staff members. Initial findings allegedly point to a vast hawala-hundi and money laundering network tied to property tycoon Malik Riaz and his son, Ali Riaz.The FIA disclosed that three major cases of money laundering have been identified against Bahria Town: laundering of Rs. 1.58 trillion between 2016 and January 2025, Rs. 1 billion between 2015 and March 2025, and Rs. 24 billion between 2005 and 2015.
