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Thursday, January 20, 2022

Malik Riaz, son’s 10-year UK visit visa revoked due to possible corruption

United Kingdom’s courts have decided to revoke a 10 year multi-entry visit visa to real estate business tycoon Malik Riaz, and his son Ahmed Ali Riaz.

“Whilst there has not been a criminal conviction against you I am satisfied on probabilities that you have been involved with corruption and financial/commercial misconduct,” Lady Justice Nicolas Davies, in her judgment against the appeal of Riaz and his son, said.

“As a result, having regard to the UK’s commitment to combat corruption and financial crime, I believe that your exclusion from the UK is conducive to the public good due to your conduct, character, and associations,” statement made by Justice Nicolas.

“The appellants [Malik Riaz and Ahmed Ali] have been involved with corruption and financial/commercial misconduct was founded on their involvement in the affairs of a company, Bahria Town. The company is wholly owned and run by the appellant’s family and is described as the largest property developer in Asia. At all relevant times, Mr Malik was the Chairman of Bahria Town, Mr Ali was the CEO,” UK High court cited on Malik Riaz case.

Malik Riaz Hussain is a Pakistani business tycoon who is the founder of Bahria Town, the largest privately held real estate development company in Pakistan and in Asia. Riaz started his career as a clerk with a construction company in Rawalpindi.

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