Udayavni Special

IMA case: Prime accused Mansoor Khan gets bail


Team Udayavani, Oct 30, 2020, 12:02 PM IST

Bengaluru: Mohammed Mansoor Khan, the managing director and chief executive officer of I Monetary Advisory (IMA) has been granted bail by the Karnataka High Court in the money laundering case against him registered by Enforcement Directorate (ED).

Justice Sreenivas Harish Kumar granted the bail on the condition that Khan should not alienate any of his properties.

Khan also got bail as he has many health conditions.

Khan, however, remains in judicial custody as he is also been investigated by the Central Bureau of Investigation (CBI) and this bail has only been granted in ED’s case against him.

A CBI official stated that as their investigation is progressing they will file objections if Khan applies for bail in their case.

Khan is the prime accused in the IMA scam in which he collected more than Rs 4,000 crore from 55,000 investors in a false scheme.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

K’taka COVID-19 update: 1870 new cases, 1949 discharges, 17 deaths on Nov 23

Cyclone Nivar: 1200 rescue troopers deployed, 800 on standby, says NDRF chief

Govt of India blocks 43 more Chinese mobile apps, including AliExpress, Alipay Cashier, CamCard

Russia says Sputnik V vaccine over 95 pc effective against COVID-19

Guard against laxity in Covid-19 fight; bring fatality rate under 1%: PM Modi to CMs

India successfully test-fires land-attack version of BrahMos supersonic cruise missile

No FIRs to be launched on basis of amendment brought to Police Act: Kerala govt to HC



Related Articles More

K’taka COVID-19 update: 1870 new cases, 1949 discharges, 17 deaths on Nov 23

1348 new vented dams in K’taka’s coastal districts: Min Madhuswamy

Moodbidri: Four persons meet watery grave in Shambhavi river

Your situation is that of stereotypical loser: BJP to Siddaramaiah

After devotees, COVID-19 negative report mandatory for shop employees in Sabarimala

MUST WATCH

A bike rider dies in a lorry crash : The scene of the accident was captured on CCTV

Moodbidri: Four people drowned in Shambhavi river

1348 new vented dams in K’taka’s coastal districts: J.C. Madhu Swamy

Karavali gets introduced to Japanese ‘kokedama’ art

Road Ashram’ campaign to study the effects of the novel coronavirus

Latest Additions

Kerala Moves SC Against Centre’s Decision to Lease Thiruvananthapuram Airport to Adani Enterprises

K’taka COVID-19 update: 1870 new cases, 1949 discharges, 17 deaths on Nov 23

US embassy delegation meets NC leader in Jammu

PM Modi to Address All India Presiding Officers Conference on Thursday

India Put to Use Significant Scientific Calibre in Response to Covid-19, Says Harsh Vardhan

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.