Cities

Malik Riaz’s front man handed down 10-year jail in money laundering case

District and Session Court Islamabad has given 10-year imprisonment and Rs25 million fine to Bahria Town CEO Malik Riaz’s front man Colonel (retired) Khalid in money laundering case on Saturday.

Additional District and Sessions Judge Nasr Minallah Baloch pronounced the verdict on the case.

The FIA had registered a case against the accused. The accused will serve another 6 months in prison for non-payment of the fine.

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