BENGALURU: I Monetary Advisory (IMA) MD Mohammed Mansoor Khan released yet another video on Monday, saying that he will return to India by Tuesday and appear before the Special Investigation Team (SIT) probing the multi-crore IMA investment scam in which Khan is the kingpin.
Asserting that he has full faith in the judiciary, Khan said he will return to India in "24 hours and purchased ticket for the journey". Khan, while reiterating that leaving India was his biggest mistake, said he wanted to return but was on bed rest due to health complications.
"I am not keeping well and was on bed rest for a month. I need to get a cardiac operation immediately. There are three blockages that have to be operated upon. I cannot afford treatment here. I will come to India in 24 hours on my own will and return investors' money with the help of judiciary. I have full faith in the judiciary," he said in the seven-minute video that he released from an undisclosed location on Monday.
Requesting the public to refrain from using abusive language, Khan assured that people will get their money into their accounts once his assets are liquidated and the money that he paid as bribe and extortion is recovered.
"I am coming for you (investors). I have made a list of my movable and immovable assets which I will give to the judiciary. I will also submit a list of people who have taken money from me as bribe and extortion. We can recover it with the help of judiciary," he said.
The multi-crore IMA investment scam unfolded on June 10, 2019 after an audio clip by Khan started doing the rounds on social media platforms and WhatsApp in which Khan threatened to end his life following harassment by Shivajinagar MLA Roshan Baig and accusing the latter of not returning Rs 400 crore.
Following this, the investors thronged the IMA's office in Shivajinagar demanding Khan to appear before them. Later, they rushed to the jurisdictional Commercial Street police station to lodge complaints against Khan and IMA group.
Over 40,000 complaints were filed in a week. The scam, according to figures from Enforcement Directorate, is over Rs 4,000 crore.
The ED on June 28 attached assets of IMA group worth Rs 209 crore which include Rs 197 crore immovable properties, Rs 98 lakh from 51 bank accounts and Rs 11 crore from HDFC Bank held in the Pradhan Mantri Garib Kalyan Deposit Scheme, under Prevention of Money Laundering Act, 2002 (PMLA).
During the investigation, ED analysed 105 bank accounts with various private banks and Cooperative Societies of IMA Group of companies and found that Mansoor Khan had received about Rs 4,000 crore in investment....