Thursday, June 17, 2021
Home News Reports IMA halal investment scam accused Mansoor Khan arrested by ED as he returns from...

IMA halal investment scam accused Mansoor Khan arrested by ED as he returns from Dubai

More than 30,000 complaints were filed against the firm and many held protests at the Bengaluru Freedom Park.

In a huge setback for the Congress-JDS government, Mohammed Mansoor Khan, the main accused in the multi-crore IMA Ponzi scam also being called the Halal investment scam, has been arrested by the Enforcement Directorate (ED) in New Delhi at about 1:50 AM today.

According to the reports, Mohammed Mansoor Khan, allegedly backed by Congress leaders had escaped from the country after multi-crore IMA Ponzi surfaced into the public. On Friday, Mansoor Khan returned to New Delhi from Dubai

Both Special Investigation Team (SIT) and Enforcement Directorate (ED) had issued a lookout notice against Mansoor Khan while trying to persuade him to return to India and join the investigation.

“An SIT team located IMA founder-owner Mohd Mansoor Khan in Dubai, through its sources, and persuaded him to come back to India and submit himself before the law. Accordingly, he has travelled from Dubai to New Delhi. SIT officers are in Delhi to secure and arrest him,” said Ravikanthe Gowda, chief of the Special Investigation Team probing the matter.

Earlier, on Monday, Mansoor Khan had released a video message, “God willing, I will return to India in the next 24 hours, I have full faith in Indian judiciary. First of all, leaving India was a big mistake, but circumstances were such that I had to leave. I don’t even know where my family is.”

This video comes in the backdrop of another video he had released addressing the Bengaluru police commissioner that he wished to return to India and expose all those involved in the downfall of his business venture.

In the video, released on June 23, two weeks after the IMA scam broke, Mansoor had also claimed that “the real culprits” behind the scam included some big names at the state and central levels”.

The Enforcement Directorate, which is currently questioning Mansoor Khan, had filed a case of money laundering against IMA Jewels and later summoned the businessman to appear before the central agency’s zonal office in Bengaluru on June 24. It had requested the Interpol to issue a Blue Corner Notice, used to locate suspects.

The Enforcement Directorate (ED) began its probe in the matter and found that Congress Karnataka minister BZ Zameer Ahmed Khan had some involvement in the IMA Ponzi scam. He was later summoned by ED for questioning in the case.

Prior to this, senior Congress leader and MLA Roshan Baig’s name had surfaced in the case after he was accused by the IMA founder of taking Rs 400 crore from the latter and not returning. The absconding ‘halal’ investment owner, Mansoor Khan had released an audio clip, in which he had accused Baig of arm twisting and refusing to return Rs 400 crore.

Mansoor Khan, the owner of I Monetary Advisory (IMA), which provided investment options keeping with Islamic laws, fled India in June. He had left behind an audio clip threatening to commit suicide.

More than 30,000 complaints were filed against the firm and many held protests at the Bengaluru Freedom Park. Mansoor Khan has maintained that his financial venture was no Ponzi scheme, and he would do everything in his power to ensure that the investors are compensated.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

While Twitter has a policy of removing anti-vaccine tweets, its refusal to remove such posts by Congress leaders shows its bias in India

Even though Twitter has been prompt to remove anti-vaccine tweets, it still allows them when posted by Congress leaders in India

BJP MLA files complaint against Rahul Gandhi, Asaduddin Owaisi, Swara Bhasker seeking FIR under NSA for trying to instigate communal riots using fake news

Loni MLA Nand Kishor Gurjar said Rahul Gandhi and others were trying to create communai riots by blaming Hindus for the Loni assault case

Did a journalist inadvertently end up revealing real reason why Rahul Gandhi ended his West Bengal rallies?

COVID-positive Rahul Gandhi cancelled his public rallies in West Bengal, but did not disclose it while announcing the same. He, instead, claimed it was being done in view of raging pandemic.

Greta Thunberg-inspired student climate activist group in New Zealand disbands itself for being ‘racist and white-dominated space’

School Strike 4 Climate Auckland said that they have turned white dominated racist group that ignored BIPOC voices and demands

‘Celebrities project themselves as messiahs’: Bombay HC orders probe on how Sonu Sood obtained Covid-19 drugs

The AG said that Sonu Sood received the anti-Covid drugs from several pharmacies located inside Lifeline Care Hospital in Goregaon.

Prices of key commodities come down, edible palm oil down by 19% while pulses see a drop in prices by 8%

The government apart from considering reducing taxes on vegetable oil imports after cooking oil prices hit record highs last month, is also working at promoting domestic production of oil crops.

Recently Popular

Salman Khan’s ‘Radhe – Your Most Wanted Bhai’ earns Rs 17,792 over three days from two theatres in Maharashtra: Details

Citing low occupancy, the theatres screening Salman Khan starrer Radhe: Your Most Wanted Bhai have reduced number of its daily shows

As Yogi Sarkar lodges FIR against Twitter, 8 others, Alt News co-founder Zubair deletes fake hate crime video: Details

The UP Govt has initiated action against Twitter for failing to take down tweets that spread misinformation about a crime in the state.

Here is the truth about the land deal by Ram Janmabhoomi Teerth Kshetra and how the allegations by likes of AAP are baseless

Shri Ram Janmabhoomi Teerth Kshetra and its head Champat Rai bought an additional piece of land for the purposes of additional construction to facilitate pilgrims who would be travelling to Ayodhya

Virtual hearing embarrassment: Congress leader Abhishek Manu Singhvi caught attending the court proceedings without pants

Abhishek Manu Singhvi was caught attending court proceedings in boxer shorts when one of the screens accidentally fell off and showed the naked legs of the senior advocate

Nikhil Kamath disregarded Viswanathan Anand’s request to not use his name in public communication after cheating, says grandmaster’s wife

Zerodha co-founder Nikhil Kamath recently apologised for using unfair means to defeat Chess grandmaster Vishwanathan Anand

Uttar Pradesh: FIR against The Wire, Alt News cofounder Zubair, Rana Ayyub, Twitter and others for fake ‘hate crime’. Details

The UP Police in its FIR stated that the accused tried to fan communal discord by spreading fake news that an elderly Muslim man was beaten up and forced to chant 'Jai Shri Ram'
- Advertisement -

 

Connect with us

255,564FansLike
553,946FollowersFollow
24,400SubscribersSubscribe