Girish - Latest News Update, Information, Photos & Videos on Girish at Lokmat Times

Special Investigation Team (SIT) on Monday said that a Bengaluru Development Authority engineer named Kumar was taken into custody and important documents were seized from his possession in connection with the alleged IMA Jewels financial fraud case.Girish, head of SIT, who is probing the case, said that the team searched three Frontline Pharma shops owned by the IMA Jewels in Bengaluru and seized pharmacy and electronic items worth Rs 70 lakh along with Rs 4.4 lakh cash."The SIT searched three Frontline Pharma shops owned by IMA and seized pharmacy and electronic items worth Rs 70 lakh along with Rs 4.4 lakh cash. A Bengaluru Development Authority engineer was taken into custody and important documents were recovered from him," Girish said.IMA has allegedly cheated a large number of investors, mainly Muslims, after promising them impressive return on their deposits.In connection with the case, the SIT has arrested many people so far.IMA founder Mansoor Khan, who is on the run, released a video urging police to arrange his return to India so that he could join the probe.Khan, in a video released on YouTube, promised to fully cooperate in the investigation being conducted by the 11-member SIT and assured to return the investors' money by liquidating the company's assets.He disappeared earlier this month after sending an audio clip to some investors threatening to commit suicide due to what he alleged was "harassment" by some politicians and goons.The SIT had earlier conducted a raid at his office and seized jewellery worth Rs 20 crore. It had arrested the firm's auditor Iqbal Khan and seven directors of different entities linked to Khan.The Enforcement Directorate (ED) had also issued summons to the IMA founder directing him to appear before the agency on June 24, but he failed to appear as he is believed to be in a foreign country.Over 25,000 complaints have been filed against the company.( With inputs from ANI )

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Narendra Modi

Lok Sabha Election 2024

Heatwave In India

Mumbai Water Cut

Maharashtra Lok Sabha Election

IPL 2024

GirishFOLLOW

Girish, Latest News

Aurangabad :Case against company manager for unnatural sex

Physically abused wife for Rs 10 lakh Aurangabad, July 19: A case has been registered against a company manager ... ...

National :Goldman Sachs sacks India V-P for Rs 38 cr fraud

Global financial services firm Goldman Sachs sacked India vice-president Ashwini Jhunjunwala, 36, after his arrest for allegedly transferring Rs 38 crore ($5.4 million) from the company's account to his personal accounts online to pay off debts incur ...

National :Karnataka government transfers IMA ponzi scam case to CBI

Karnataka government on Tuesday transferred the multi-crore IMA ponzi scam case to the Central Bureau of Investigation (CBI), in which several politicians and senior government officials are accused. ...

National :SIT arrests Bengaluru man propagating for IMA, Mansoor Khan

The SIT on Thursday arrested a man propagating for I Monetary Advisory (IMA) Jewels and its founder Mansoor Khan who is accused of perpetrating financial fraud worth crores. ...

National :IMA ponzi scam: SIT arrests Bengaluru Development Authority engineer, seizes documents

Special Investigation Team (SIT) on Monday said that a Bengaluru Development Authority engineer named Kumar was taken into custody and important documents were seized from his possession in connection with the alleged IMA Jewels financial fraud case. ...