Appreciate Malik Riaz for bringing back Money to Pakistan | Congratulate all 220m Pakistanis

[The Eagle]

As bad as he is I still hold him with some respect. The thing you must not forget is to reach his level it requires bending of some rule, tilting of the table to some degree, cutting corners to a extent even in countries like UK or USA. If you expect to find squeeky clean magnates in USA, UK, China or Japan trust me you will struggle. However not all that is dirty is equal. Some has more stink then others.

Malik Riaz is a magnate in the mould of capitalists you find in UK, USA or China etc. They don't go around killing people, do not sabotage the state at behest of outside powers and provide value addition to the economy - that is they are not rent seakers. Malik is not a rent seaker like Nawaz or a gangster like Altaf Hussain.

To reinforce what I said. Sharifs claim to be a steel magnates. If by now Sharif steel empire was as big a monster as Tata Steel, Mittal Steel with overly 1/4 million employees producing 10% of the worlds steel you could forgive Nawaz even for his corruption because his steel company would have the worlds largest production [1,000s times more then what Pakistan produces] making Pakistan a steel giant like China, USA or India. But nay. Instead Pakistan produces less steel then a village in China.

Malik on the other hand has success to show. Many cities have huge estates that have been constructed on back of Malik's enterprise. In fact Bahria is large company by even global standards. So I hope PTI do not kill Bahria but instead work with it and encourage that it works within the law now that we have honest government.

I am not discouraging or downplaying his success in real estate or building cities having his own interest as well which is understood & plausible. What I am saying is that the money as such, which is still unclear for the reasons being returned; was not a volunteer return. He may not be corrupt as the political mafia who looted the country but then again, a volunteer act to support country is far more appreciated as compare to one reaching a settlement with a Court during Civil Suite.

I do agree that Bahria shouldn't be killed as long as it is supporting the Country along with Malik's due share in profit.

 

[AZADPAKISTAN2009]

A settlement = a clean agreement between Government and Citizen to resolve the issue peacefully, please respect the person following agreement of settlement

Thank you to Malik Riaz for a clean settlement with Government of Pakistan to resolve any open issues

A settlement means, no criminality verdict has been issued against the plaintiff because both parties agreed to resolve the matter

 

[Verve]

Highly Appreciative step for Tycoon Malik Riaz for bringing back Money to Pakistan | Congratulations to all Pakistanis for this "Brave" and "Positive" step

Pakistanis should encourage and make it an example to follow, No Pakistani should be against this highly appreciative step. Bring back money and get rewarded and cleaned out from all corrupt cases.

Money recovered from Malik Riaz transferred to Supreme Courts accounts

06 December, 2019

ISLAMABAD: 190 million pounds [Rs39 billion] recovered by the United Kingdom’s National Crime Agency (NCA) from the family of real estate tycoon Malik Riaz has been transferred to the Supreme Court’s accounts and the government has requested it for the transfer of the money to the national exchequer.

“The money has been transferred to the Supreme Court and we have already filed a request before the apex court that the money should be given to us [state of Pakistan],” said Special Assistant to the Prime Minister (SAPM) on Accountability Mirza Shahzad Akbar at a joint press conference with Communications Minister Murad Saeed. He later confirmed it during a private TV talk show.

He further said that out of 190m pounds, 140m pounds had been transferred while 50m pounds would be received later when a property of 1 Hyde Park [owned by Malik Riaz] would be sold.

The SAMP, however, did not remove the ambiguity as to how the money can be transferred to the Supreme Court, if the NCA announced in its official press release that it will be given to the state of Pakistan. “We [the government of Pakistan, NCA and Malik Riaz] have also signed a deed of confidentiality. Therefore, I cannot comment more than what has already been presented in the official press releases of the government and the NCA,” he said, adding that: “Is the Supreme Court not part of the government? So if the money goes to the apex court it means that the money comes to the state.”

Meanwhile, Malik Riaz pointed out that NCA had not declared him guilty of any wrongdoing after year-long investigation into property and accounts connected to his family.

Talking to reporters at the launch of Bahria Town Peshawar office on Thursday, the real estate tycoon said they were working in Pakistan despite many hurdles. He said other people should also follow suit and bring their money back to Pakistan. He said he would even mortgage his house to pay the sum agreed in settlement with the Supreme Court.

Interestingly, hours after the NCA verdict, Malik Riaz had claimed, in his tweets, that the recovered amount would go to the Supreme Court to return Rs460bn for acquiring vast land in Karachi for developing the Bahria Town housing scheme. His tweets raised eyebrows of many as to why the government was not taking credit of the recovery.

Replying to a query that in one of the video clips that did the rounds on social media in which he was receiving a bag from Malik Riaz somewhere in the UK, Shahzad Akbar said it was nothing but a laptop. “It was my laptop as the bag could not carry 190 million pounds,” he added.

According to a press release issued on Tuesday by Prime Minister Office, the Assets Recovery Unit (ARU) in the PMO facilitated repatriation of 190 million pounds (approximately $250 million) through a settlement and that the NCA had agreed for immediate repatriation of funds to the state of Pakistan.

Responding to a question that will the government go for criminal proceedings against the real estate tycoon for being involved in money laundering, the SAPM said: “The government encourages agreements in civil cases and recovery of laundered national wealth and does not wish to keep people in jail.”

He, however, took credit of the recovery of 190 million pounds and said it was the first time in Pakistan’s history that money had been repatriated from another country through the legal process, adding that the settlement was reached in a civil case not a criminal one.

Mr Akbar said the government was thankful to the UK government and the NCA for expediting the investigation on the complaint of the government of Pakistan and returning the money to the motherland.

The SAPM was reluctant to elaborate as to how the money was stashed away and was there any political figure involved in the crime; he said as another country [UK] was involved in the matter, he was bound to confidentiality and could not comment on the details. “We have inked a bond of confidentiality with the UK government and therefore we cannot talk about the details of the case,” he added.

Mr Akbar recalled the alleged corruption by leader of the opposition in the National Assembly Shahbaz Sharif and his family and said the assets of the Sharif family have increased exponentially over the span of ten years.

He said the corruption of Shahbaz Sharif and Sharif family was exposed by English newspaper Daily Mail and despite Shahbaz’s claim that he will sue him [Shahzad Akbar] and the daily, nothing has so far been done against it by Mr Sharif.

Mr Akhbar explained that the corruption was carried out during Shahbaz’s tenure as Punjab chief minister. Through charts, he explained that their entire fortune has been built by accumulating money from kickbacks into their personal accounts, before injecting them into their own companies to mimic sales. “During this period, Shahbaz’s assets rose by 70 per cent while his son Salman’s rose by 8,000 per cent,” he said.

However, despite their repeated claims of innocence, the Sharifs have not been able to provide a single shred of evidence which proves to the contrary, he added.

Referring to the article published in Daily Mail that alleged that Shahbaz had embezzled funds provided by UK’s Department for International Development, he said former chief minister Punjab was surprisingly mum on the issue despite his initial response.

“So many facts have been revealed in recent days. Setting his claims about taking legal action against The Mail aside, he has not given a specific answer to any of the allegations levelled against him,” he said.

He said the Punjab CM secretariat was being used by Shahbaz Sharif as a hub of planning of corruption. Mr Akbar raised several questions including had one Nisar Ahmed Gill and one Mahr Ali acted as front men of ex-chief minister Punjab.

http://paktribune.com/news/Money-recovered-from-Malik-Riaz-transferred-to-SC-accounts-283484.html

The Great Tycoon Pakistani Malik Riaz reacts to NCA settlement

PESHAWAR: Bahria Town Chairman Malik Riaz said on Thursday that he did not commit any financial wrongdoing and neither had the NCA held him guilty for any crime.

The property tycoon was speaking to media while he was inaugurating a Bahria Town office in Peshawar. Riaz said that his children were overseas Pakistanis and British citizens.He said that only a settlement had been conducted on a civil matter.

"The NCA says we didn't commit any crime. The money should be brought back to Pakistan and others like me should also bring their wealth into the country," he said.

During the media talk he also spoke about Bahria Town's settlement with the Supreme Court according to which the company was supposed to pay Rs460 billion for land that it occupies in the Malir District.

"We have an understanding with the Supreme Court. We will pay back the money even if I have to sell my house," he said.

Riaz said that he didn't have any settlement with the government of Pakistan.

"As per the settlement with the court, this money will be given to Pakistan," he said.

Regarding the NCA, Riaz was referring to an out-of-court £190m settlement between him and the agency. The settlement also included a property worth £50 million. It originated as a result of an investigation into Riaz by the UK agency.

"In August 2019 eight account freezing orders were secured at Westminster Magistrates’ Court in connection with funds totalling around £120 million. These followed an earlier freezing order in December 2018 linked to the same investigation for £20 million. All of the account freezing orders relate to money held in UK bank accounts," read a statement from the NCA.

The UK crime agency had said that all assets would be returned to the state of Pakistan.

So you want us to appreciate a criminal who signed a deal and coughed up £190m to UK's premier CRIME investigation agency?

You need your head checked for a presence of a brain in there!

 

[AZADPAKISTAN2009]

"A person to settles" is an innocent person as per law
This is why the term "Settlement" exist

It is irresponsible to call such a person a criminal if they are following rules and regulation of settlement with the court

A person is only a criminal if they refuse to pay or they become a fugitive

Mr. Riaz has only followed the rules of court and made agreements to close any pending issues

Furthermore, it just increases national negativity, instead of being focused on a positive outcome for both a citizen of country and state who recovered 190 million


Actual Fugitives and Law breakers:
IshaQ dar = Fugitive, he ran away from courts
Nawaz Sharif = Fugitive, he ran away from jail with fake doctor statement
Nawaz Sharif Sons = Fugitive, they ran away from jail after claiming they would return
Shabaz Sharif = Fugitive, ran away with his brother sitting in UK

 

[fitpOsitive]

Highly Appreciative step for Tycoon Malik Riaz for bringing back Money to Pakistan | Congratulations to all Pakistanis for this "Brave" and "Positive" step

Pakistanis should encourage and make it an example to follow, No Pakistani should be against this highly appreciative step. Bring back money and get rewarded and cleaned out from all corrupt cases.

Money recovered from Malik Riaz transferred to Supreme Courts accounts

06 December, 2019

ISLAMABAD: 190 million pounds [Rs39 billion] recovered by the United Kingdom’s National Crime Agency (NCA) from the family of real estate tycoon Malik Riaz has been transferred to the Supreme Court’s accounts and the government has requested it for the transfer of the money to the national exchequer.

“The money has been transferred to the Supreme Court and we have already filed a request before the apex court that the money should be given to us [state of Pakistan],” said Special Assistant to the Prime Minister (SAPM) on Accountability Mirza Shahzad Akbar at a joint press conference with Communications Minister Murad Saeed. He later confirmed it during a private TV talk show.

He further said that out of 190m pounds, 140m pounds had been transferred while 50m pounds would be received later when a property of 1 Hyde Park [owned by Malik Riaz] would be sold.

The SAMP, however, did not remove the ambiguity as to how the money can be transferred to the Supreme Court, if the NCA announced in its official press release that it will be given to the state of Pakistan. “We [the government of Pakistan, NCA and Malik Riaz] have also signed a deed of confidentiality. Therefore, I cannot comment more than what has already been presented in the official press releases of the government and the NCA,” he said, adding that: “Is the Supreme Court not part of the government? So if the money goes to the apex court it means that the money comes to the state.”

Meanwhile, Malik Riaz pointed out that NCA had not declared him guilty of any wrongdoing after year-long investigation into property and accounts connected to his family.

Talking to reporters at the launch of Bahria Town Peshawar office on Thursday, the real estate tycoon said they were working in Pakistan despite many hurdles. He said other people should also follow suit and bring their money back to Pakistan. He said he would even mortgage his house to pay the sum agreed in settlement with the Supreme Court.

Interestingly, hours after the NCA verdict, Malik Riaz had claimed, in his tweets, that the recovered amount would go to the Supreme Court to return Rs460bn for acquiring vast land in Karachi for developing the Bahria Town housing scheme. His tweets raised eyebrows of many as to why the government was not taking credit of the recovery.

Replying to a query that in one of the video clips that did the rounds on social media in which he was receiving a bag from Malik Riaz somewhere in the UK, Shahzad Akbar said it was nothing but a laptop. “It was my laptop as the bag could not carry 190 million pounds,” he added.

According to a press release issued on Tuesday by Prime Minister Office, the Assets Recovery Unit (ARU) in the PMO facilitated repatriation of 190 million pounds (approximately $250 million) through a settlement and that the NCA had agreed for immediate repatriation of funds to the state of Pakistan.

Responding to a question that will the government go for criminal proceedings against the real estate tycoon for being involved in money laundering, the SAPM said: “The government encourages agreements in civil cases and recovery of laundered national wealth and does not wish to keep people in jail.”

He, however, took credit of the recovery of 190 million pounds and said it was the first time in Pakistan’s history that money had been repatriated from another country through the legal process, adding that the settlement was reached in a civil case not a criminal one.

Mr Akbar said the government was thankful to the UK government and the NCA for expediting the investigation on the complaint of the government of Pakistan and returning the money to the motherland.

The SAPM was reluctant to elaborate as to how the money was stashed away and was there any political figure involved in the crime; he said as another country [UK] was involved in the matter, he was bound to confidentiality and could not comment on the details. “We have inked a bond of confidentiality with the UK government and therefore we cannot talk about the details of the case,” he added.

Mr Akbar recalled the alleged corruption by leader of the opposition in the National Assembly Shahbaz Sharif and his family and said the assets of the Sharif family have increased exponentially over the span of ten years.

He said the corruption of Shahbaz Sharif and Sharif family was exposed by English newspaper Daily Mail and despite Shahbaz’s claim that he will sue him [Shahzad Akbar] and the daily, nothing has so far been done against it by Mr Sharif.

Mr Akhbar explained that the corruption was carried out during Shahbaz’s tenure as Punjab chief minister. Through charts, he explained that their entire fortune has been built by accumulating money from kickbacks into their personal accounts, before injecting them into their own companies to mimic sales. “During this period, Shahbaz’s assets rose by 70 per cent while his son Salman’s rose by 8,000 per cent,” he said.

However, despite their repeated claims of innocence, the Sharifs have not been able to provide a single shred of evidence which proves to the contrary, he added.

Referring to the article published in Daily Mail that alleged that Shahbaz had embezzled funds provided by UK’s Department for International Development, he said former chief minister Punjab was surprisingly mum on the issue despite his initial response.

“So many facts have been revealed in recent days. Setting his claims about taking legal action against The Mail aside, he has not given a specific answer to any of the allegations levelled against him,” he said.

He said the Punjab CM secretariat was being used by Shahbaz Sharif as a hub of planning of corruption. Mr Akbar raised several questions including had one Nisar Ahmed Gill and one Mahr Ali acted as front men of ex-chief minister Punjab.

http://paktribune.com/news/Money-recovered-from-Malik-Riaz-transferred-to-SC-accounts-283484.html

The Great Tycoon Pakistani Malik Riaz reacts to NCA settlement

PESHAWAR: Bahria Town Chairman Malik Riaz said on Thursday that he did not commit any financial wrongdoing and neither had the NCA held him guilty for any crime.

The property tycoon was speaking to media while he was inaugurating a Bahria Town office in Peshawar. Riaz said that his children were overseas Pakistanis and British citizens.He said that only a settlement had been conducted on a civil matter.

"The NCA says we didn't commit any crime. The money should be brought back to Pakistan and others like me should also bring their wealth into the country," he said.

During the media talk he also spoke about Bahria Town's settlement with the Supreme Court according to which the company was supposed to pay Rs460 billion for land that it occupies in the Malir District.

"We have an understanding with the Supreme Court. We will pay back the money even if I have to sell my house," he said.

Riaz said that he didn't have any settlement with the government of Pakistan.

"As per the settlement with the court, this money will be given to Pakistan," he said.

Regarding the NCA, Riaz was referring to an out-of-court £190m settlement between him and the agency. The settlement also included a property worth £50 million. It originated as a result of an investigation into Riaz by the UK agency.

"In August 2019 eight account freezing orders were secured at Westminster Magistrates’ Court in connection with funds totalling around £120 million. These followed an earlier freezing order in December 2018 linked to the same investigation for £20 million. All of the account freezing orders relate to money held in UK bank accounts," read a statement from the NCA.

The UK crime agency had said that all assets would be returned to the state of Pakistan.

Malik Riaz was brought to justice, who will bring Mr Amjad Shoaib to justice who was equally involved with him?

 

[Trango Towers]

I will appreciate only if he or any other looter would have done so by themselves out of regret for their crime in first place. He made an agreement with Court to do so and follows the agreement or did he bring money voluntarily without any case of law?

Our people are so simple and I feel certain writers have an agenda

 

[maverick1977]

Highly Appreciative step for Tycoon Malik Riaz for bringing back Money to Pakistan | Congratulations to all Pakistanis for this "Brave" and "Positive" step

Pakistanis should encourage and make it an example to follow, No Pakistani should be against this highly appreciative step. Bring back money and get rewarded and cleaned out from all corrupt cases.

Money recovered from Malik Riaz transferred to Supreme Courts accounts

06 December, 2019

ISLAMABAD: 190 million pounds [Rs39 billion] recovered by the United Kingdom’s National Crime Agency (NCA) from the family of real estate tycoon Malik Riaz has been transferred to the Supreme Court’s accounts and the government has requested it for the transfer of the money to the national exchequer.

“The money has been transferred to the Supreme Court and we have already filed a request before the apex court that the money should be given to us [state of Pakistan],” said Special Assistant to the Prime Minister (SAPM) on Accountability Mirza Shahzad Akbar at a joint press conference with Communications Minister Murad Saeed. He later confirmed it during a private TV talk show.

He further said that out of 190m pounds, 140m pounds had been transferred while 50m pounds would be received later when a property of 1 Hyde Park [owned by Malik Riaz] would be sold.

The SAMP, however, did not remove the ambiguity as to how the money can be transferred to the Supreme Court, if the NCA announced in its official press release that it will be given to the state of Pakistan. “We [the government of Pakistan, NCA and Malik Riaz] have also signed a deed of confidentiality. Therefore, I cannot comment more than what has already been presented in the official press releases of the government and the NCA,” he said, adding that: “Is the Supreme Court not part of the government? So if the money goes to the apex court it means that the money comes to the state.”

Meanwhile, Malik Riaz pointed out that NCA had not declared him guilty of any wrongdoing after year-long investigation into property and accounts connected to his family.

Talking to reporters at the launch of Bahria Town Peshawar office on Thursday, the real estate tycoon said they were working in Pakistan despite many hurdles. He said other people should also follow suit and bring their money back to Pakistan. He said he would even mortgage his house to pay the sum agreed in settlement with the Supreme Court.

Interestingly, hours after the NCA verdict, Malik Riaz had claimed, in his tweets, that the recovered amount would go to the Supreme Court to return Rs460bn for acquiring vast land in Karachi for developing the Bahria Town housing scheme. His tweets raised eyebrows of many as to why the government was not taking credit of the recovery.

Replying to a query that in one of the video clips that did the rounds on social media in which he was receiving a bag from Malik Riaz somewhere in the UK, Shahzad Akbar said it was nothing but a laptop. “It was my laptop as the bag could not carry 190 million pounds,” he added.

According to a press release issued on Tuesday by Prime Minister Office, the Assets Recovery Unit (ARU) in the PMO facilitated repatriation of 190 million pounds (approximately $250 million) through a settlement and that the NCA had agreed for immediate repatriation of funds to the state of Pakistan.

Responding to a question that will the government go for criminal proceedings against the real estate tycoon for being involved in money laundering, the SAPM said: “The government encourages agreements in civil cases and recovery of laundered national wealth and does not wish to keep people in jail.”

He, however, took credit of the recovery of 190 million pounds and said it was the first time in Pakistan’s history that money had been repatriated from another country through the legal process, adding that the settlement was reached in a civil case not a criminal one.

Mr Akbar said the government was thankful to the UK government and the NCA for expediting the investigation on the complaint of the government of Pakistan and returning the money to the motherland.

The SAPM was reluctant to elaborate as to how the money was stashed away and was there any political figure involved in the crime; he said as another country [UK] was involved in the matter, he was bound to confidentiality and could not comment on the details. “We have inked a bond of confidentiality with the UK government and therefore we cannot talk about the details of the case,” he added.

Mr Akbar recalled the alleged corruption by leader of the opposition in the National Assembly Shahbaz Sharif and his family and said the assets of the Sharif family have increased exponentially over the span of ten years.

He said the corruption of Shahbaz Sharif and Sharif family was exposed by English newspaper Daily Mail and despite Shahbaz’s claim that he will sue him [Shahzad Akbar] and the daily, nothing has so far been done against it by Mr Sharif.

Mr Akhbar explained that the corruption was carried out during Shahbaz’s tenure as Punjab chief minister. Through charts, he explained that their entire fortune has been built by accumulating money from kickbacks into their personal accounts, before injecting them into their own companies to mimic sales. “During this period, Shahbaz’s assets rose by 70 per cent while his son Salman’s rose by 8,000 per cent,” he said.

However, despite their repeated claims of innocence, the Sharifs have not been able to provide a single shred of evidence which proves to the contrary, he added.

Referring to the article published in Daily Mail that alleged that Shahbaz had embezzled funds provided by UK’s Department for International Development, he said former chief minister Punjab was surprisingly mum on the issue despite his initial response.

“So many facts have been revealed in recent days. Setting his claims about taking legal action against The Mail aside, he has not given a specific answer to any of the allegations levelled against him,” he said.

He said the Punjab CM secretariat was being used by Shahbaz Sharif as a hub of planning of corruption. Mr Akbar raised several questions including had one Nisar Ahmed Gill and one Mahr Ali acted as front men of ex-chief minister Punjab.

http://paktribune.com/news/Money-recovered-from-Malik-Riaz-transferred-to-SC-accounts-283484.html

The Great Tycoon Pakistani Malik Riaz reacts to NCA settlement

PESHAWAR: Bahria Town Chairman Malik Riaz said on Thursday that he did not commit any financial wrongdoing and neither had the NCA held him guilty for any crime.

The property tycoon was speaking to media while he was inaugurating a Bahria Town office in Peshawar. Riaz said that his children were overseas Pakistanis and British citizens.He said that only a settlement had been conducted on a civil matter.

"The NCA says we didn't commit any crime. The money should be brought back to Pakistan and others like me should also bring their wealth into the country," he said.

During the media talk he also spoke about Bahria Town's settlement with the Supreme Court according to which the company was supposed to pay Rs460 billion for land that it occupies in the Malir District.

"We have an understanding with the Supreme Court. We will pay back the money even if I have to sell my house," he said.

Riaz said that he didn't have any settlement with the government of Pakistan.

"As per the settlement with the court, this money will be given to Pakistan," he said.

Regarding the NCA, Riaz was referring to an out-of-court £190m settlement between him and the agency. The settlement also included a property worth £50 million. It originated as a result of an investigation into Riaz by the UK agency.

"In August 2019 eight account freezing orders were secured at Westminster Magistrates’ Court in connection with funds totalling around £120 million. These followed an earlier freezing order in December 2018 linked to the same investigation for £20 million. All of the account freezing orders relate to money held in UK bank accounts," read a statement from the NCA.

The UK crime agency had said that all assets would be returned to the state of Pakistan.

He is thug and a con, fraudster and you want to appreciate him. he has caused massive tax fraud in the country, and land grab.. what kinda mentality you have?

 

[The Eagle]

Our people are so simple and I feel certain writers have an agenda

I will appreciate his honesty in resolving a case as such & abiding by law by accepting any wrong at his end, to say at-least and he is above than those dheet kind of economic criminals. But there is something untold yet in this return.

 

[AZADPAKISTAN2009]

A person who obeys the law is law-abiding citizen, makes agreements and pays is law-abiding

A person who refuses to respect law is criminal

 

[Black Bird]

He will not bring anything from abroad. His son is a British national as hasan oŕ Hussain nawaz.and who knows how much he have. He announced this for face saving as everyone knows that he is also part of Nora Gang.

 

[Trango Towers]

I will appreciate his honesty in resolving a case as such & abiding by law by accepting any wrong at his end, to say at-least and he is above than those dheet kind of economic criminals. But there is something untold yet in this return.

The money is brought back due to the one thing this Pakistani thieving class understands. Dunda.

 

[ghazi52]

Ground Reality................

 

[Verve]

Ground Reality................

This is the reality of Malik Riaz.

 

[M.Bison]

This is so sad. The state of the People in Pakistan makes me depressed sometimes. Why thank a criminal?

 

[FOOLS_NIGHTMARE]

Khan sahib once upon a time.

https://twitter.com/x/status/1202907709290487813