SSP Investigation South Tariq Dharejo said on Thursday that the suspect Atif Zaman has admitted before the police that he planned to kill as many as five people after the investors demanded their money back when they learnt that he doesn’t own any business.

The police official said that the suspect used to show other’s business as his own to take money from investors. “He used to give lent money to people as profit and people started getting attached to him because of greed,” he said. “But he started facing issues after he failed to get more clients.”

SSP Dharejo said that a police team is searching for the suspect’s brother, Adnan Zaman, who is also believed to be part of the murder of tv anchor Mureed Abbas. The suspect had also attempted to suicide earlier when he failed his Matric exam.

The investigations have revealed that the entire scam was around Rs400-500 million, which also involved smuggling. “People had invested a different amount in the so-called tire business – which was nothing but a smokescreen. Late Mureed Abbas had invested Rs100-120 million in it. ” said the official.