IMA scam: Roshan Baig’s properties to be attached
Team Udayavani, Jul 8, 2021, 1:34 PM IST
Bengaluru: Former minister Roshan Baig’s properties and bank accounts will be attached in the multi-crore I-Monetary Advisory (IMA) scam, the state government informed the Karnataka High Court.
The state government in its affidavit informed the High Court that Roshan Baig’s properties and bank accounts will be attached in the multi-crore IMA scam.
Last year in December, the former Karnataka Minister was granted bail by a special Central Bureau of Investigation (CBI) court in connection with the IMA scam case.
Baig, who was arrested by the CBI on November 22, 2020, was earlier sent to 14-day judicial custody by a court.
Meanwhile, a team of the CBI had on November 23, 2020, conducted a raid at the Bengaluru residence of Baig in the matter. Baig was among the rebel Congress MLAs who were later suspended for destabilising the JDS-Congress coalition government in the state.
In August 2019, the Karnataka government had transferred the multi-crore scam case to the CBI, in which several politicians and senior government officials are accused.
The SIT was investigating the multi-crore IMA Jewels case, where the firm had allegedly cheated a large number of investors after promising them impressive returns on their deposits.
The Special Investigation Team (SIT) chief S Girish had said that the case was being transferred to the CBI because the probe had to be carried out in different states.
The SIT has already arrested several government officials and questioned others including politicians in the matter.
The prime accused and Managing Director of IMA Mohammed Mansoor Khan, who had fled the country after several complaints were registered against him in connection with the scam, has also been arrested.
The scam first came to light in June 2019, when more than 4,000 investors trooped outside the showroom after an audio clip purportedly recorded by Khan went viral.
(With inputs from ANI)
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Mangaluru: Bajrang Dal demands death penalty for accused in Neha Hiremath murder case
RCB helps restore three Bengaluru lakes; chips in to solve water crisis
Elderly tourist from Bengaluru goes missing in Goa
Bengaluru’s Shift to Smarter Spending: Pre-Owned Car Sales Jump 87 percent
Kullur: Pedestrian killed in road accident
MUST WATCH
Latest Additions
Mangaluru: Bajrang Dal demands death penalty for accused in Neha Hiremath murder case
There will be chaos if we start entertaining pleas against rejection of nomination papers: SC
Stock markets stage strong rebound after 4 days of slump, Sensex rallies 599 pts
Rishabh Pant set for emotional homecoming in stern Sunrisers Hyderabad test for Delhi Capitals
Film of ‘do shehzade’ already rejected by people: Modi takes dig at Rahul, Akhilesh