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Malik Riaz Agrees to Hand Over Assets Worth £190 Million

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Pakistani biggest business tycoon, Malik Riaz, has agreed to hand over cash and assets worth £190 million to UK investigators.

The £190 million settlement is the result of an investigation by the National Crime Agency into Malik Riaz Hussain, whose business is one of the biggest private-sector employers in Pakistan.

The National Crime Agency has agreed on a settlement figure with the family that owns large property developments in Pakistan and elsewhere.

The haul, previously controlled by property developer Malik Riaz Hussain, includes the Grade II listed building 1 Hyde Park Place, valued at £50 million

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