Is Bol TV owned by Malik Riaz?

There has been a lot of talk about Malik Riaz being behind the creation of Bol TV Network. It is not just Malik Riaz, who is considered one of influential kingmakers in Pakistani politics, Aqil Karim Dhedi is also thought to be behind Bol TV. Is that true?

GFN: Officially, BOl TV Network is run, owned and overseen by Shoaib Ahmed Shaikh, the CEO and President of Axact. And that is the safest thing to say, until there is no official statement from Malik Riaz himself. We cannot confirm whether Malik Riaz is behind BOL TV as he has not indicated or given a hint that he is the one calling the shots and running things at BOL TV Network. 

However, assuming he could be funding BOL Network makes sense to most of the journalists. And that doesn't make him a criminal, does it? As for Aqil Karim Dhedi, he might be supporting BOL TV Network as he has good ties to Axact boss Shoib Shaikh and was recently seen visiting Axact office situated at Defence, Karachi.

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