The IMA Ponzi scheme is worth Rs 4,000 crore, in response to investigators
New Delhi:
The CBI has filed a chargesheet in direction of two Karnataka authorities officers inside the multi-crore I-Monetary Advisory Ponzi rip-off case, alleging they took bribes from IMA promoter Mohammed Mansoor Khan to supply him a transparent chit, officers talked about on Monday.
The chargesheet was filed in direction of the then assistant commissioner of Bengaluru North Taluk LC Nagaraj and village accountant Manjunath N after getting the state authorities’s permission to prosecute them inside the alleged Rs 4,000 crore rip-off, they talked about.
It has been alleged inside the chargesheet that Mr Nagaraj obtained a bribe of Rs 4.5 crore and Manjunath Rs 10 lakh, they talked about. The rip-off surfaced in mid-2019 when Mansoor Khan immediately fled to Dubai, from the place he was later deported.
Inside the chargesheet, the probe firm did not level out the then Deputy Commissioner of Bengaluru Metropolis District BM Vijay Shankar, who was named inside the FIR, as he died, they added.
It has been alleged that IMA group entities headed by Mansoor Khan raised illegal and unauthorised deposits in an alleged dishonest and fraudulent technique from innocent merchants to the tune of over Rs 4,000 crore.
In its chargesheet filed simply recently sooner than a specific CBI court docket docket in Bengaluru, the CBI alleged that Nagaraj acquired Rs 4.5 crore from Mr Khan and totally different directors of IMA for giving a transparent chit to IMA actions, whereas Mr Manujnath as middleman acquired Rs 10 lakh.
The case is an off-shoot of the IMA rip-off by way of which the CBI has filed two chargesheets in direction of the 22 accused, they talked about. The probe firm has registered Four separate FIRs related to the rip-off.
Along with Mr Khan, the directors and others who benefited from the scheme had been arrested. In all, spherical 25 of us had been arrested in reference to the rip-off.
