Malik Riaz, the founder of Bahria Town, warned that the real estate giant may shut down operations across Pakistan due to severe financial and legal troubles, including frozen bank accounts and halted services.
He said staff salaries are delayed and daily functions are under increasing pressure. If the situation continues, a complete closure may be unavoidable. Meanwhile, authorities have announced an auction of several properties linked to Malik Riaz on August 7, 2025.
