Malik Riaz Hussain

Occupation:

Businessman

Designation: Chairman Bahria Town
Institution / Org:

Bahria Town

Views & Comments: 20477 (Views) / 19 (Comments)
Articles: 4 Article(s)
Phone Messages: 0 Phone Message(s)

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Total 204 Votes
Invalid votes : 15
Details | Fame Graph

Early Life:

Malik Riaz Hussain was born on February 8, 1954 in Rawalpindi, Pakistan. Many people believe that Malik Riaz Hussain was born with a silver spoon in his mouth; however, the statement is only partially true for him. He was born into a wealthy family but his father’s business collapsed which forced him to start working as a clerical staff at the age of 19.

Twelfth Richest Man of Pakistan:

He started off as a small time contractor in 1980s; however, the details on how Hussain, from an ordinary clerk in Military Engineering Service (MES) climbed up the ladder of success and became one of the biggest business magnates of Pakistan are extremely sketchy. All the country knows is that he is the man behind Bahria Town, one of the largest private development projects to have materialised in Southeast Asian region. Bahria town, which spans over an area of 45,000 square acres, along with its owner invited many speculations and controversies since the time of its construction.

Controversies and allegations:

The recent round of controversies which accuses Chief Justice’s son Arsalan Iftikhar to have accepted bribes amounting up to Rs400 million from him, is not the only controversy which mars his credibility. National Accountability Bureau (NAB) is currently looking into another application filed by a former military officer Lt-Col (retd) Tariq Kamal, which states that the land on which Bahria town is constructed, and is further expanding, was not acquired through legal means. It is alleged that Hussain has strong ties with Pakistan’s military which assisted him in building a huge empire. Some claims go as far as saying that a handful of the important serving army officers, bureaucrats and lawyers are practically on Hussian’s payroll.

According to the sources and reports, Hussain with the help of Defence Housing Authority (DHA) had grabbed Rs62 billion worth of land from an estimated number of 150,000 people belonging to lower and lower middle income group. It is also alleged that Malik Riaz, in collaboration with DHA, had grabbed an area of the land of Dadhocha Dam and resold it multiple times under different names. It is alleged that the DHA Islamabad has been receiving money in the name of allotment of plots in DHA Phase I Extension, DHA Phase II Extension and DHA Valley since 2009. Those who got cheated through the DHA Valley project include 110,000 civilians, 41,000 serving and retired military officers, jawans and families of martyrs. Total land in question is considered to be covering 165,000 kanals.

DHA and Hussain are also allegedly accused for keeping the people, who paid for the plots, in dark regarding DHA’s agreement with Bahria Town. Col Tariq said that in 2009 the DHA had “transferred all the funds raised from the public, which were Rs62 billion, to the accounts of Bahria Town”. It is also alleged that DHA employee who voiced their concerns regarding the dubious transactions and exchange of funds were sacked immediately. It is assumed that the reason why Hussain was bribing Arsalan Iftikhar and financing his trips to London was to gain influence into the judicial circle and buy the verdict of the charges levelled against him. Arsalan Iftikhar blatantly denied the allegations; however, various witnesses testified during the hearing of the suo moto action and admitted that Hussain had shown them the documents which proved Iftikhar’s involvement in the scam.

Profile Source : Dawn.com


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eBahriaTown ( Karachi,Pakistan) Friday, August 01, 2014 4:36:12 PM (MDT - USA)
Malik Riaz Hussain has the ability to judge a man’s greediness in one meeting and he then deals with him accordingly. He is a fascinating personality, one who is friends with several past, present and possible future leaders of the country eBahriaTown

nadeem khan ( rawalpindi,Pakistan) Friday, October 18, 2013 4:05:28 AM (MDT - USA)
happy Eid Mubark may Allah blessing upon you and your family

ABDULLAH ANWAR AHMED ( Rawalpindi,Pakistan) Thursday, August 22, 2013 1:07:06 AM (MDT - USA)
Bismillah hir Rahmanir Raheem Assalamalaykum Dear chairman You have had nice name in Pakistan in building industry. That is why I purchased an apartment in Bahria town phase 3 Rawalpindi. Bahria Heights 4 apartment no 26. I am sorry to state that the elevator is out of order for so many days. My wife has had the knee's surgery. And we are living on 3rd floor. You can imagine the difficulties we are facing. Despite the complaints lodged. No solution. Please look into the matter personally. Awaiting your personal attention. Many thanks. Abdullah Anwar Ahmed

Muhammad Ashraf ( kalabagh(mianwali),United States) Monday, May 27, 2013 5:59:21 AM (MDT - USA)
muhtarm jnab malik sb ky fee sabi Lill-llah k tmam progaram buhat pasand hain, ALLAH Tala en ko Hamesha es trha achey kam krny tufeeq atta farmmay , Ameen Sma Ameen

JAVED MALIK ( Lahore,Pakistan) Monday, March 25, 2013 12:36:44 AM (MDT - USA)
Dear Sir This is Javed Malik from Lahore. I like your personality, you have done a lot for humanity & launched many successful projects which cause the success of Pakistan.

Hina Abbas ( Karachi ,Pakistan) Wednesday, February 20, 2013 9:50:41 AM (MDT - USA)
salam mr riaz mai app ko 2 raeson s ki waja say qabil e aitram samjti hun 1 app nay pakistan ki awam k laiy un yargamliyoon ki madad kar k ek naik kamm kia dosra apnay haq k laiy na sirf awaz uthaiyee aur us say lar bhi rahay hain sir jo saiee kamm karta hai log usi ki mukhalfat kartay hain app himmat na hariayga inshallah jeet apki hogi aur app k sath dhokha karnay waloon ko shikasat hogi ager app k laiy mujh jaysi aam mamoli larki ko bhi awaz uthani pari tu mai appka bahr pur sath dungi mai app k laiy as a volunter bhi kamm karnay say peechay nahi hatoongi humaray mulk mai qanoon ko qanoon k rakhwaloon nay mazak bana dia hai sir yeh case sirf apka nahi balkay her us shaks ka hai jisay humaray mulk k kanoon say insaf milnay ka yaqeen hoo jaiay mai apki kamaibi k laiay dua karoongi app himmat say muqabla karain mere laiq koi khidmat hoo tu mujhay zaroor moka dain apna kahayal rakahain app k laiy mukhlis hina abbas

Zeeshan hashmi ( Karachi ,Pakistan) Friday, June 29, 2012 5:35:15 AM (MDT - USA)
Sir mujy job ki bht zarrorat ha sir ap meri help ker do sir main ap ka ye ahssan kabhi nahi bholo ga plz sir i request u sir

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