Govt Decides to Put name of Real Estate Tycoon Malik Riaz on ECL

Govt Decides to Put name of Real Estate Tycoon Malik Riaz on ECL

The Govt has secretly approved to put the name of property tycoon and owner of Bahria Town, Riaz Malik on Exit Control List (ECL) for occupying Evacuee Trust Property Board.Sources said that summary was circulated to few members of cabinet.


The decision was taken by cabinet which was chaired by Prime Minister, Imran Khan on Jan 25, 2019. Anti-Corruption Establishment (ACE), Punjab, had recommended to place name of real estate tycoon for grabbing land of ETPB. Interior ministry had moved a summary to cabinet to place name on ECL for illegally occupying the land of Evacue Trust Property Board, an official familiar with the development told this correspondent.


It is worth mentioning that the federal cabinet under the chairmanship of Imran Khan met here on Jan 25 and the agenda was tabled in that meeting of putting the name of Malik Riaz on ECL mainly because some of the federal member might oppose it. The day after the federal cabinet’s meeting on Jan 24, Interior Ministry, which the Prime Minister, Imran Khan also holds its office, a limited circulated summary to selected cabinet members, approved it secretly.


A senior official of the Interior Ministry, when contacted to confirm the news told this correspondent that he is not authorized to speak with media but requesting on the condition of anonymity confirmed the news.


Another source in the Interior Ministry requesting anonymity also told that the PTI government had put only name of Malik Riaz of Bahria Town on the recommendations of ACE, Punjab for allegedly grabbing land of Evacuee Trust Property Board for its Bahria Town Housing Society in Lahore and Rawalpindi.

The names of 172 suspects for putting them on the Exit Control List (ECL), nominated by the Supreme Court of Pakistan-formed Joint Investigation Team (JIT) in Mega Money Laundering and Fake Accounts Case had not yet been decided, said an official of the interior ministry.


The JIT on Money Laundering and Fake Accounts had also recommended putting the names of politicians and legislators from Sindh, property tycoons, owners of banks, industrialists and bureaucrats on ECL. Except for the leaders of the Pakistan Peoples Party (PPP), some of the prominent persons whose names have been recommended for placing on the Exit Control List (ECL) include Malik Riaz, owner of Bahria Town housing schemes and Zain Malik, the son-in-law of Malik Riaz.