UK shares details of confidential NCA-Bahria Town deal with Pakistan

The agreement contains details of Bahria Town's foreign accounts and offshore properties

The government of the United Kingdom has shared the details of a secret deal between M/s Bahria Town Pvt Ltd and the UK’s National Crime Agency (NCA) with Pakistan.

The development comes as a major blow to the PTI and Imran Khan, who are trying to keep the deal secret and have gone to court against Prime Minister Shehbaz Sharif.

The PTI government on behalf of Pakistan signed the deal ‘Deed of Confidentiality’ between the NCA and M/s Bahria Town Pvt Ltd, reveal the official documents SAMAA TV’s premier Investigation Unit has had an access to.

The documents also disclose that the PTI government authorized Mirza Shahzad Akbar, the then head of the Assets Recovery Unit, to sign the said agreement on behalf of the state of Pakistan.

A confidential government communication sent by the Foreign Ministry confims that the United Kingdom International Corruption Unit (ICU) sent an official copy of the agreement to Pakistan earlier this month.

The MOFA received on its two official email accounts the emails and enclosed documents purportedly from the International Corruption Unit of NCA of UK, according to a letter written by Ubaid ur Rehman Nizamani, Director General Europe-I to the office of Prime Minister Shehbaz Sharif.

“The email states: ‘Please find attached a copy of the Deed of Confidentiality signed by the government of Pakistan in relation to the NCA Settlement with the Riaz family in 2019,’” read the letter by Nizamani.

The contents of the emails sent by the UK show where the information originated.

“This information is supplied in confidence by the NCA. The NCA is not listed as a public authority under the Freedom of Information Act 2000,” read the email by the International Corruption Unit sent to Pakistani MOFA.

The agreement “Deed of Confidentiality” contains the details of foreign accounts and offshore properties of Bahria Town, a Pakistan government official told SAMAA TV. 

Ahmad Ali Malik, Malik Riaz Hussain, Bina Malik, Mubbashira Malik, and different offshore and business companies have been made party in this agreement.

Attempts to keep the deal under wraps

The documents supplied the UK government answer a major question: Who signed the agreement on the behalf of Pakistan when the PTI was in power?

“The government of Pakistan hereby warrants to the NCA and the respondents [Ali Riaz Malik, Bahria Town, Malik Riaz Hussain, Bina Malik, Mubashara Malik, etc.] that Mirza Shahzad Akbar is duly authorised to execute the deed for and on behalf of the government of Pakistan,” said the official quoting the deed’s content.

A news release from the NCA at the time of the settlement said that the settlement was valued at £190 million (around Rs50 billion then) and was the result of an investigation by the NCA into property tycoon Malik Riaz Hussain.

“In August 2019 eight account freezing orders were secured at Westminster Magistrates’ Court in connection with funds totaling around £120 million. These followed an earlier freezing order in December 2018 linked to the same investigation for £20 million. All of the account freezing orders relate to money held in UK bank accounts.”

The money was recovered from Bahria Town by the UK authorities and sent to Pakistan but the PTI government allegedly returned it to Bahria Town.

The PDM government under PML-N this month announced that it will investigate the issue of how money was returned to Baharia town and hinted at disclosing the details to the public.

Kingsley Napley, the law firm representing Bahria Town had responded to the PML-N government announcement by saying that the government of Pakistan was breaching the agreement.

On Wednesday, the National Accountability Bureau (NAB) sought on Wednesday the record of the Bahria Town-NCA deal from the Prime Minister’s Office.

PTI

nca

bahria town

zahir Jul 29, 2022 02:17am
If their was corruption than disclosure is possible but I suspect that they just was to bend the facts to suit their narrative. They are being stupid. Cases if their is one should be investigated by NAB.
Haseeb ur Rehman Jul 29, 2022 10:57am
Regards and Good Luck
Ark Jul 29, 2022 01:48pm
Fit case to prosecute Mirza shahzad and ex cabinet & ex PM under money laundering inverse layering of assets as white/legit
Ark Jul 29, 2022 01:49pm
Fit case under FATF AML act
irshad rahim Jul 29, 2022 07:35pm
I'm confident that IK government can't do such type of thing.. it's all a dirty bluff game by NS govt & Sama should be ashamed to be party to it.. batter who all are interested should go to the agencies / court rather making fool out of the public ..
Ansar Ahmed Jul 29, 2022 08:05pm
Should be dealt as per law of the land
Mudassar Hussain Jul 29, 2022 09:15pm
This room needs balcony
sami hassan Jul 30, 2022 12:21am
The curious case of PTI facilitating shady laundered Rs 50 billion. This crime should be punished. But wait a minute; chief justice will be the saviour of PTI theifs.
Danial Kasuri Jul 30, 2022 12:50am
@irshad rahim, and your confidence comes from where, Mr Bond? Oops, I forgot, you are a white collar crime expert!!! You and your ilk have destroyed the basis on which common sense stands. Aqal nuu hath maar!!!
Aamir Jul 30, 2022 03:42am
First, the credibility of the news channel and actors is questionable. News source is UK, fast friend of US, who started it all to begin with. It's looks like not only US but also UK doesn't want IK to come back to power. Even if we assume that everything is authentic why was UK not releasing this so called "confidential deed" earlier. Why now...?
Mahmood Jul 30, 2022 05:06am
@sami hassan, Yes one verdicts are not according to the wishes of N league and PPP mafia then blame judiciary. No one can forget the incident when Nawaz himself and his thieves attacked supreme court back in 1994. That was shown live on PTV then. Pakistan has suffered a lot under Sharif mafia. But now things have changed. You can't make people goof any more. Enough is enough. Because Sharif mafia can't control truth now just because of social media. Sharif mafia used to do when there was only PTV and lately it started giving lifafaas to private channels and it's parasites so called journalists. Social media has changed everything. Sharif mafia is now helpless.
Dr.Iqbal hussain Jul 30, 2022 08:10am
Good
Dr.Iqbal hussain Jul 30, 2022 08:11am
Yas.goodbinfomation
Sarah Jul 30, 2022 11:34am
@irshad rahim, you can fool yourself by believing it all NS and SS's controversies against pious Imran Khan but what justification will you give for Financial Times foreign funding report???? If this report would have been about PML PTI would be screaming there heads off on all forums.
Khurram Humaiyun Jul 30, 2022 01:14pm
@sami hassan, Patwari as usual
Khurram Humaiyun Jul 30, 2022 01:15pm
@zahir, NAB is now an impotent body
Guest Jul 30, 2022 01:38pm
5 karat diamonds!
Guest Jul 30, 2022 01:40pm
Why did the state of Pakistan sign for Malik Riaz?
Ali Jul 30, 2022 04:59pm
@irshad rahim, Bluff game, like the one being played by IK
hawk Jul 30, 2022 05:47pm
A tactic to blackmail powerful personality in Pakistan.
Kay Zee Jul 30, 2022 11:39pm
@irshad rahim, Nah, why are you so confident about IK and PTI? His deeds are evident everywhere or rather one can say IK has accepted all the corruption he has done.
Kashif S. Malik Jul 31, 2022 01:04am
@irshad rahim, This is an old case and decision. PTI government had been trying to keep this under cover for almost 3 years now. Information regarding how looted money was channeled back to Bahria Town is already known. You just need to read old news reports. The only new progress is that official communication has surfaced that connects the agreement back to Prime Minister's office.
Samaa Jul 31, 2022 01:23am
Did your daddy give this memo, and why would NCA do a secrete deal, it must be Aleem khan the land mafia who produced it with calibery
Raja Nusrat Ali Jul 31, 2022 05:24am
The legality and anamalies on the part of gop to be found out in the confidential agreement. On what terms the money (5o billions rupees) were given to Malik Riaz? Was it in the interest of Pakistan or personal interests of the responsible were being served? Perhaps something of interest against IK may come out.
Raza said Jul 31, 2022 10:42am
@irshad rahim, kia kehnay app Kay confidence Kay !
Asif Bashir Aug 03, 2022 03:51am
Prosecute Shehzad Akbar.He was blackmailer and Mr.10%.Also investigate Farah and Pinky madam. I am PTI supporter but i want these peoples behind bars.
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