Karachi: Anti-terrorism court (ATC) today remanded alleged financer of Safoora bus attack, in police custody for 30 days.

The accused was produced in the court, where he claimed that he only used to deliver religious lectures (dars) of Quran at his residence, and that he was unaware of whosoever were attending the lectures.

On Wednesday, police claimed to have arrested Shiba Ahmed for funding high-profile terror attacks in Karachi and other parts of the country. Police said Ahmed lived in Defence Housing Society, claiming that the suspect belonged to Al-Qaeda South Asia.

Anti-terror police chief Naveed Khawja told a press conference that Ahmed had been financing militants “on a large scale.”

Ahmed owned chemical businesses in Pakistan and Iran that were the main source of his income and terror financing, according to police. “The remittances coming from abroad would be used in helping terrorists financially,” Khawja said.

The police were tipped off about Ahmed from a key suspect in an attack in the Safoora Goth of Karachi in which, 45 Ismaili community members, including women, were killed when gunmen stormed a bus in May. “Shiba Ahmed not only financed the terrorist act but motivated and brainwashed the key suspects of the Safoora Goth tragedy,” Khawja said.