Feb 16

Malik Riaz to build world’s tallest building in Karachi

malik riaz abu dhabi contract signDUBAI – An agreement has been signed between Abu Dhabi group chairman Shaikh Nahyan Bin Mubarik Alnahyan and Bahria Town’s ex-chairman Malik Riaz to build the tallest building in the world in Karachi. The agreement worth $45 billion will provide employment to 2.5 million people in Pakistan.

According to the agreement, $45 billion would be invested on different construction projects in Pakistan. Out of the total amount, about $35 billion worth of investments will be made in Sind, while $10 billion will be invested in Islamabad and Lahore.

The agreement amounts to the largest foreign investment in Pakistan. This agreement would give boost to more than 55 sectors in industries, particularly cement, iron and glass manufacturing.

(Source Pakistantoday)

Jun 20

Mehar Bukhari must quit Dunya TV Channels

Karachi: Mehar Bukhari added her name in the sting operation against the superior judiciary and the CJP in that special interview of Malik Riaz on Dunya TV.Meher Bukhari scandel

People around the globe with interest in Pakistani politics watched her doing everything to please the property tycoon through her conversation supported by body language during ‘off-the-air’ intervals. She tried her best to get Malik Riaz’s attention and ‘blessings’. He responded with ‘fatherly’ attitude. To please her, he promised to give her exclusive one-to-one interview in future. The whole ‘episode’ reminded me of slave mental mind-set our society suffers from.

Despite her explanation the next day on her talk show, she cannot hide the factual visuals seen by millions a day earlier. The question is why did she want to have another one-to-one interview? Didn’t she do enough ‘Khush-Amadi’ in those two hours that she wanted more hours? What else she could have done that she didn’t do in that interview?

Whether she likes it or not, the paradoxical approach in ‘on the air’ and ‘off the air’ visuals brought her down in the eyes of the public. Khwaja Asif tried to save her integrity by calling her a ‘collateral damage’. It is not as simple as that. The only way she can distance herself from the sting operation and be counted as ‘collateral damage’ is to resigns from Dunya TV as her colleague Nasim Zahar did. That is the only honourable way out otherwise showing selected clips of her conversations and trying to explain her position is like cleaning her greasy hands with water instead of turpentine. Moreover it can cast a shadow on her husband Kashif Abbasi’s integrity, who is known to be an upright anchor person.

Finally, if one removes the clip in which Mubashar Lucman received a call from PM’s son and handed over the telephone in a disgraceful manner to Riaz Malik, he acted and sounded more upright than Meher Bukhari during those crucial ‘off the air’ time.

Jun 12

Malik Riaz levels grave allegations against Chief Justice, son

ISLAMABAD: Holding the Holy Qura’n in his hand, real estate tycoon Malik Raiz Tuesday opened a Pandora’s Box by quizzing Chief Justice Iftikhar Muhammad Chaudhry on three counts during a press conference here.Malik Riaz

“Chief Justice of Pakistan Iftikhar Muhammad Chaudhry should reveal how many meetings have held between him and CJ in the darkness of night? Was Arsalan Iftikhar not a part of these meetings, does he not know me? The sitting Registrar was also present during several of these meetings.”

Secondly, he asked: “How many meetings were held at the residence of Ahmed Khalil between the Chief Justice and Prime Minister and was there not an acting judge of the Supreme Court present during one of the meetings?”

“How long did the Chief Justice know about this case and why did he wait till media reports to take suo moto notice,” Malik Riaz posed the third question.

Malik Riaz alleged that he was blackmailed and did not pay any bribes. He described Arsalan Iftikhar, son of the Chief Justice, as ‘don’, adding he was the one running the judiciary.

However, Malik Riaz clarified that he had not accused the Chief Justice of anything and respected him.

When asked of repercussions which may arise following such a news conference, Malik Riaz replied that he did not care if he was charged with contempt or sent to prison.

“The Supreme Court would be responsible if our project was made to sink,” he claimed.

Recalling the days of his past, he said he used to be a poor man who had to walk on foot for as many as 8 kilometres as he had no money. “I did not even have enough cash for medical treatment of my daughter,” he added.

He said whatever he owned today was bestowed to him by the grace of Allah, adding 75 percent of his assets were being used for welfare work.

“I have been blackmailed, and like me many other businessmen were blackmailed too,” he made a grave accusation, adding, that he had always supported the Chief Justice in his columns. “But, Arsalan Iftikhar is a don,” he added.

Malik Riaz said today he went to the Supreme Court not for buying justice but to present the facts.

At the end, he said he would hold one more press conference next week and reveal further details.

SC Registrar’s reaction:

In reaction to the allegations leveled by Malik Riaz, the Supreme Court Registrar Faqir Hussain said that the real estate tycoon had met with Chief Justice Iftikhar Muhammad Chaudhry during the days of latter’s deposition.

Speaking to Geo News, Faqir Hussain said that two to three such meetings had taken place during which he too was present. The Chief Justice held no meetings with Malik Riaz after his restoration, he clarified.

Aitzaz Ahsan’s reaction:

Barrister Aitzaz Ahsan has confirmed that he had informed the Chief Justice about the rumours doing the rounds about Dr Arsalan Iftikhar’s dubious business transactions with Malik Riaz Hussain.

While talking to Geo News after a blistering press conference of real estate tycoon Malik Riaz, he said he had told the CJ about the sensitivity of the matter but did not show any documents to him in this regard.

Jun 12

Rs 342mn spent on Dr Arsalan: Malik Riaz

A two-member bench is hearing the Arsalan suo moto case.

The written statement of real estate tycoon Malik Riaz, which he submitted in the Supreme Court on Tuesday, stated that he spent a total amount of Rs 342 million on chief justice s son Dr Arsalan Iftikhar.Dr Arsalan Scandel

Malik Riaz wrote in the statement that Dr Iftikhar had assured that he would help resolve the pending cases in the court but did not get any relief despite the money spent.

“Dr Arsalan Iftikahr not only cheated me, my son-in-law but also committed fraud, extortion, and other offences under the Prevention of Corruption Act and the offences falling under the NAB ordinance,” he stated.

The document revealed the amount Malik Riaz paid for the two trips Dr Iftikhar had made to London – two with his family and the other with a friend.

Riaz further added that he gave Rs 327 million in cash to the chief justice’s son on different occasions.

He also asserted that purpose of narrating the facts in the issue was neither to ridicule or disrespect or hatch conspiracy against the Supreme Court – but -was to voice genuine grievances.

He made it clear in his statement that neither the prime minister, nor the president or any political member was involved in the matter.

The statement also said that sou moto notice by the CJP was not legal as there was no infirmgement of fundamental human rights,

It said a new bench must have been constitued after the withdrawl of CJP Iftikhar Muhhamd Choudry.

It said Supreme Court of Pakistan was not a investigating authority.

Malik said in the statement the he respects the apex court and necer maligned the court, adding no politics was involved in the issue.

Details of expenses incurred upon Dr Arsalan s foreign visits.

First family visit.

Rs 8860,579/-

Second visit

Rs 692,949/-

Third family visit

Rs 5,947,726/-

Various payments in installments

Rs 327,000,000/-

Grand Total: 342, 501,254/-