Malik Riaz

Court sentences Malik Riaz’s frontman to 10 years in prison

Breaking /

ISLAMABAD: The accountability court in Islamabad has sentenced a senior executive of the real estate developer Bahria Town to 10 years in prison after convicting him in a major money laundering case involving billions of rupees. The court found retired Colonel Khalilur Rehman, the chief operating officer of Bahria Town, guilty of laundering approximately Rs1.6 […]

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Malik Riaz’s Nukta lays off 40 staff amid financial crisis

Malik Riaz’s Nukta lays off 40 staff amid financial crisis

Latest /

ISLAMABAD: Property tycoon Malik Riaz’s digital platform, Nukta, has laid off at least 40 employees due to a financial crisis. Nukta, which operates from Dubai, fired more than 40 employees amid financial difficulties. Sources said the sudden layoffs have caused concern among the staff. Nukta is a digital news platform officially launched in late 2024.

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