The Sindh Building Control Authority (SBCA) has filed a criminal case against real estate tycoon Malik Riaz and his son, Ali Malik. They allegedly submitted three cheques that were later found to be invalid, totaling over Rs182 million, in order to obtain permission from the SBCA to advertise their Bahria Town Karachi project. The FIR No 681/2023 was filed at the Gulshan-i-Iqbal police station, accusing them of concealment, misrepresentation, and depositing dishonored cheques while obtaining a provisional no-objection certificate from the SBCA. The police invoked several sections of the Pakistan Penal Code related to dishonesty, cheating, abetment, and common intention. The complaint lodged by SBCA deputy director Zaheer Husain Qureshi states that Malik Riaz and Ali Riaz Malik, owners of Bahria Town Pvt. Ltd, applied for approval to sell and advertise their project to authorized proprietors. They submitted five post-dated cheques, but three of them bounced. The complainant requests that legal action be taken. This news was published in Dawn on October 24th, 2023.
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