IMA ponzi scheme accused and ex-Karnataka minister R Roshan Baig hospitalised

PTI, Nov 27, 2020, 4:05 PM IST

Bengaluru: Former Congress minister R Roshan Baig, who is in CBI custody in connection with the multi-crore I-Monetary Advisory (IMA) ponzi scam, has been hospitalized after he complained of chest pain and uneasiness, sources said on Friday.

According to sources in the CBI, Baig was rushed to the Jayadeva hospital after he developed health-related complications on Thursday evening.

Hospital sources said the former minister had undergone an angiogram.

Once he is discharged from the hospital, the investigation agency will once again take him in its custody, CBI sources said.

Baig was arrested on November 22 after a day-long interrogation in connection with the ponzi scheme in which more than a lakh people were duped to the tune of Rs 4,000 crore.

The scam came to light in June 2019 when the ponzi scheme operator Mohammed Mansoor Khan fled the country accusing Baig and some government officers of cheating him. He had alleged that Baig had taken Rs 400 crore from him,a charge rejected by the latter.

After the BJP came to power in the state, the government handed over the case to the CBI.

Over 25 people have been arrested so far.

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

Top News

BJP to launch programme against 1975 Emergency to ‘expose authoritarianism’ of Congress

PM should have spoken on NEET issue, ‘exam pe charcha’ is long-term commitment to students: Omar Abdullah

Sanskrit, Hindi, Dogri, Odia: Linguistic diversity on display in Lok Sabha as new members take oath

Netanyahu tests truce proposal, says won’t agree to deal that ends Gaza war

Rajnath Singh, Amit Shah take oath as members of 18th Lok Sabha

Kalaburagi airport in Karnataka gets hoax bomb threat

‘Will not allow attack on Constitution,’ says Rahul Gandhi as I.N.D.I.A. leaders protest in Parliament complex

Related Articles More

Prajwal Revanna remanded in judicial custody for 14 days

MLC Suraj Revanna remanded in CID custody till July 1

Revanna case: No political conspiracy against Deve Gowda family, says Min Thimmapur

17 newly-elected MLCs take oath in Karnataka

Kalaburagi airport in Karnataka gets hoax bomb threat


What are the first signs of a hernia?


Sapthami Gowda

Yaduveer Wadiyar

Cyanide mallika

Latest Additions

Prajwal Revanna remanded in judicial custody for 14 days

Kejriwal bail issue: “Unusual” for HC to reserve verdict while granting interim stay on bail order

Uddhav group won more LS seats but our strike rate was better: CM Shinde

Uddhav group won more LS seats, but our strike rate was better, says CM Shinde

Not happy with Centre for excluding Bengal govt from Teesta talks with B’desh: Mamata to PM

Thanks for visiting Udayavani

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