Raja Khurram Ali Khan, District Judge West has accepted the petition and summoned accused on April 04 to clarify his position.
Colonel Tariq moved court seeking damages after the respondent levelled serious allegation against him in a TV programme on the alleged corruption in the Bharia Town.
In his petition Colonel Tariq said that he is a retired serviceman enjoying respect as an upright person in the society and holding senior appointments in different welfare organisations.
He said that it was the reputation of Mr Riaz that forced Tehrik-i-Minhajul Qurran founder Tahir-ul-Qadri to refuse to meet him before the long march towards Islamabad in January.
Malik Riaz again cheated nation by announcing to lure USD 45 billion investment from UAE which proved to be another lie, he added.
The petitioner said that Malik Riaz who embezzled Rs 200 billion in the DHA scam is now out to deprive masses of their hard-earned money by announcing a JV with an American builder in Karachi.
He said that courts and institutions should take note of the activities of the accused and ensure safety of life and property of masses.