Bengaluru: Chamarajpet MLA and former minister B.Z. Zameer Ahmed Khan on Wednesday appeared before the Special Investigation Team (SIT) probing the multi-crore I Monetary Advisory (IMA) investment scam.
SIT had summoned Zameer and former Shivajinagar MLA R Roshan Baig for questioning in connection with the scam.
While Zameer appeared before the investigating agency, Baig skipped the summons.
According to sources, the SIT questioned Zameer Ahmed over his transaction with IMA scam kingpin Mohammed Mansoor Khan of a property spread over 14,924 sq. ft on Serpentine Street in Richmond Town.
Zameer had sold the property to Mansoor Khan for Rs 9.38 crore, allegedly more than the market price, and had received the payment in his bank account.
Zameer maintained that he had no other business dealings with Mansoor Khan and neither did he invest in his firm, which has duped over 50,000 investors of over Rs 4,000 crore.
The MLA told the investigating officers that he did not know Mansoor Khan until BBMP nominated corporator Syed Mujahid (one of the accused arrested in connection with the scam) introduced him.
Zameer said that it was Mujahid who mediated the property deal. "Apart from the property deal, I don't have any business links with Mansoor Khan or his firm IMA," Zameer Ahmed said to have told the SIT.
Earlier, Enforcement Directorate (ED), which is interrogating Mansoor Khan over his company's financial transactions, had summoned Zameer for questioning.