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Monday, July 15, 2024

Pakistan celebrates £190 Million recovery from Malik Riaz

Pakistani Twitter hosted humongous reactions after the news of recovering £190 million from real estate tycoon Malik Riaz by UK's National Crime Agency. People extensively praised the current government and PM Khan for substantiating the promise he made to the nation.

Twitter exploded with reactions after UK’s National Crime Agency announced to reach a settlement offer of £190 million with Pakistan’s leading real estate tycoon, Malik Riaz.

The NCA has accepted a settlement offer in the region of £190 million which includes a UK property, 1 Hyde Park Place, London, W2 2LH, valued at approximately £50 million and all of the funds in the frozen accounts.

The money recovered from Malik Riaz will make its way back to Pakistan, informed NCA further in the subsequent tweets.

The latest news sent a wave of excitement among people as social media went into overdrive with Pakistan’s notable journalists, commentators and avid followers of politics heavily weighing in on the matter.


Moreover, a previous video of acclaimed anchorperson Arshad Sharif resurfaced and floated on Twitter in which he claimed that the 1 Hyde Park Place property originally belonged to Hassan Nawaz hailing from the embattled former ruling family, the Sharifs.

Social media has declared it a significant victory for Pakistan with Shahbaz Gill crediting Prime Minister Imran Khan for vehemently leading a campaign against embezzlement of public money and money laundering. Gill asserted that a whopping recovery is the consequence of Imran Khan’s relentless conviction towards bringing the looted money back to Pakistan. Imran Khan is a visionary leader who thought about corruption when no one regarded it as a serious offense.

Read more: NCA, UK settlement with Malik Riaz: Implications for Pakistani Politics

People congratulated the Pakistani government and Shahzad Akbar, who is leading the accountability drive and investigations into the foreign assets of Pakistani politicians abroad.

They hoped that the government will continue its campaign against the looted money and other offenders who have immensely harmed Pakistan.


Though Sharif family and Malik Riaz came under intense derision on social media following the news. People asserted that the Sharif family and Malik Riaz have become the source of shame for Pakistan globally.