Money laundering case: NAB freezes Bahria Town’s foreign accounts worth $4.5mln - HUM News English

NAB freezes $4.5 million in foreign bank accounts linked to Bahria Town

Pakistan’s National Accountability Bureau (NAB) has frozen two foreign bank accounts holding $4.5 million allegedly linked to Bahria Town as part of a major crackdown on an international money laundering network. According to NAB officials, the accounts are maintained at Silver Bank in Mauritius and are registered in the names of Ahmad Ali Riaz and Mubashra Ali Malik. The action was carried out under the Anti-Money Laundering Act, 2010, followin…

Money laundering case: NAB freezes Bahria Town’s foreign accounts worth $4.5mln - HUM News English

The National Accountability Bureau (NAB) Karachi has frozen approximately $4.5 million held in foreign bank accounts, marking a major breakthrough in an ongoing money laundering investigation linked to Bahria Town. According to sources familiar with the matter, the frozen accounts were traced to Mauritius. The accounts, held at Silver Bank, Mauritius, are reportedly in the names of accused Ahmad Ali Riaz and Mubashira Ali Malik. The action was t…