Bahria Town founder and real estate mogul Malik Riaz has warned that the company is on the verge of a complete shutdown across Pakistan amid an intensifying crackdown by authorities.
In a strongly worded post on X (formerly Twitter) on Tuesday, Riaz said that a combination of aggressive actions by law enforcement agencies—including the arrest of dozens of staff members, freezing of all Bahria Town bank accounts, and the seizure of employee vehicles—has brought the company’s operations to a standstill.
“Our cash flow has been completely destroyed. It has become impossible to provide daily services. We are unable to pay the salaries of tens of thousands of our staff,” he stated.
Calling the situation “untenable,” Riaz said Bahria Town is “just one step away” from a full shutdown, as the financial paralysis deepens by the hour.
“The situation on the ground is getting worse by the minute,” he warned, calling the move a near-fatal blow to one of Pakistan’s largest real estate developers.
Riaz’s statement comes hours after the National Accountability Bureau (NAB) announced it would auction multiple high-profile properties belonging to him on August 7, 2025, as part of ongoing investigations.
The crackdown on Bahria Town marks a dramatic escalation in the legal and financial pressure surrounding Malik Riaz, who has long been a controversial figure in Pakistan’s property landscape. His latest warning paints a bleak picture for the thousands of families whose livelihoods depend on the company’s massive nationwide operations.
