The Supreme Court took legal action against Malik Riaz on the use of “Bahria” by country’s largest real estate developers for its housing projects on Saturday. CJP Mian Saqib Nisar issued a notice to Malik Riaz for August 2, 2018.
CJP also summoned the record in land grabbing cases against the Bahria Town pending in various courts.
The suo-moto comes hours after the Bahria Town administration donated 42.6 million to Diamer-Basha and Mohmand Dams Fund, initiated by the Supreme court.
Hearing a review petition last month against the May 4’s SC verdict in which it had banned Bahria Town from selling any plot or constructing apartments in its housing scheme in Karachi.
A three-judge SC bench headed by the Chief Justice ordered Malik Riaz to furnish in two weeks 5 billion PKR before the court to show his sincerity in resolving the issues relating to the exchange of government lands for the development project.
The Supreme court also dropped hints to attach the property of Mr Riaz. But the Bahria Town owner, who himself appeared before the court, requested it not to do so, saying that it could be used against him. He also claimed that he owned no property except one in the name of his wife.
The Supreme court also halted National Accountability Bureau from taking any action against Bahria Town management or anyone who has been named in its judgment now under review.
Supreme court also said that one of the judges who was part of the bench who announced the verdict has now retired. The other judge has given a dissenting note in favour of the Bahria Town, a new five-member bench will be constituted to hear the review petition.