Double Shah Case: 4 jailed for six years each

LAHORE:

An accountability court on Friday awarded a six-year imprisonment each to four accomplices of the Syed Sibtul Hassan Gillani alias Double Shah involved in a Rs9,091 million scam.

The court also fined them Rs20 million each.

Originated in Wazirabad during 2005-2007, Double Shah allegedly deprived 43,000 people of more than Rs1.32 billion by promising to return twice the invested money they ‘invested’ with him. Around 46,364 claims for Rs9,091 million were made against the accused.

Gillani has been convicted by an accountability court and sentenced to 14 years, a Rs5.43 billion fine and confiscation of all his properties.

Published in The Express Tribune, April 14^th, 2012.