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BOL denies Malik Riaz connection

 JournalismPakistan.com |  Published: 26 June 2013

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BOL denies Malik Riaz connection
BOL TV has clarified that it has no affiliations with Malik Riaz, a prominent property tycoon. This statement comes in response to prior allegations regarding its ownership.

ISLAMABAD: BOL TV, yet to go on air, has denied property tycoon Malik Riaz is behind their channel.

BOL TV has no business/association/affiliation of whatsoever nature with Mr. Malik Riaz,” says a letter sent to JournalismPakistan.com by the BOL Network.

JournalismPakistan.com quoting PEMRA sources had reported June 17 the influential Riaz was said to be the man behind BOL TV.

“That misguiding allegation alleged in the said article about BOL TV and its ownership is completely baseless and contrary to reality," the letter clarified.
 

KEY POINTS:

  • BOL TV denies any connection with Malik Riaz.
  • Claims of Riaz's ownership are labeled as baseless.
  • PEMRA sources initially suggested Riaz's involvement.
  • BOL TV aims to clear misconceptions about its backers.
  • Official communication was sent to JournalismPakistan.com.

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