Pakistan, May 27 -- The National Accountability Bureau (NAB) has announced it will auction six major properties owned by Malik Riaz, the founder of Bahria Town. Five properties are located in Rawalpindi, and one is in Islamabad. NAB says the auction aims to recover defaulted payments related to a plea bargain agreement. The auction is scheduled for June 12 at the NAB Rawalpindi office, and an official advertisement has been released.

These properties include Bahria Town's corporate offices, an international academy school building, a cinema, a recreational lawn near the Bahria Golf Course, and Safari Club facilities. NAB sealed these and other Bahria Town assets earlier this year during its ongoing investigation into large-scale fraud an...