Lahore: Rs1.1b scam accused’s remand extended
LAHORE: An accountability court on Thursday extended 14-day physical remand of Khalid Mehmood, the main accused in a motor showroom Rs1.1 billion scam.
On Thursday, NAB officials produced the accused before the court and sought extension in his physical remand. The court has extended 14-day physical remand of Khalid, directing the NAB officials to submit investigation report till that date.
Mehmood as an accountant and manager at a showroom, had allegedly cheated more than 150 people by promising them to give them vehicles at lesser rates as compared to the market. NAB had initiated an inquiry into the scandal in September 2010.