BENGALURU: The state government on Wednesday formed an 11-member Special Investigation Team, to be headed by Deputy Inspector General Ravikanthe Gowda, to investigate I Monetary Advisory’s (IMA) investment scam, the biggest in state so far.
The team is interrogating the company’s directors Nasir Hussain, Naveed Ahmed Nattamkar, Nizammuddin Azee-muddin, Afshan Tabassum, Afsar Pasha and Arshad Khan. They all had surrendered on Tuesday.
However, efforts are still on to nab IMA Managing Director Mansoor Khan, who is still at large after allegedly releasing a controversial audio clip. In the clip he had threatened to end his life because of harassment by Shivaji Nagar MLA R. Roshan Baig.
According to sources, the police have seized Mansoor’s and his company's bank accounts, properties and vehicles. The directors are being questioned to know about Mansoor's whereabouts. "So far, we have no clue about him," a senior police officer said.
The police have also questioned the board of directors about the gold stored in the showroom and other places after learning that a huge stock of gold was cleared from the showroom and most of the jewellery stock is now sliver. The police have recorded the statements of the board of directors. They were asked about when they last met Mansoor, what discussion they had with him and other information related to transactions.
It may be recalled that after Mansoor's audio clip went viral, in which he threatened to end his life after Roshan Baig refused to return his Rs 400 crore. This triggered a panic amongh investors, who thronged to the IMA office in Shivaji Nagar.
10k plaints filed so far
Till Wednesday, over 10,000 complaints were filed against Mansoor and IMA and the crowd continue to turn up outside IMA office and the Commercial Street police station. IMA which was established in 2016, has over Rs 2,000 crore of investment largely from the Muslim community.
"The IMA accused has cheated the poor. People who would have saved for children’s weddings, health safety, or for their home. This incident has caused me great pain. I have urged to take this to the logical end. This isn’t an ordinary financial crime, but a inhumane disgusting one," Home Minister M.B. Patil said in a tweet.
