LAHORE, April 28: An accountability court on Saturday remanded till May 12 in the NAB custody Sibtul Hasan Shah alias Double Shah, who had been arrested on charges of cheating people on pretext of doubling their money in 70 days.

Ghakkar Mandi police had arrested the accused on April 13. Later, he was handed over to the NAB, which had charged him with committing fraud worth two billion rupees with the public.

The NAB counsel alleged that within two years the accused had won trust of the public and now wanted to escape along with their hard-earned money.

The counsel requested the court to remand the accused in NAB custody for further investigation.

The accused also made a statement before the court in which he said that he used to invest people’s money in different businesses, doubling their amounts, adding that he had committed no fraud. He said there was not a single complaint against him. —Staff Reporter