BSY demands CBI probe into Mansoor Khan-led multi-billion IMA fraud

Agencies
June 15, 2019

Bengaluru, Jun 15: The Karnataka BJP Friday demanded a CBI probe into the alleged financial fraud perpetrated by an investment firm here, leaving thousands of investors in the lurch.

The owner of city-based IMA Jewels owner, Mohammed Mansoor Khan, had disappeared few days ago after allegedly threatening to commit suicide while police formed teams to trace him.

State BJP chief B S Yedyurappa put forth the demand for a probe by the central agency after a group of people belonging to the minority community, most of them investors in IMA Jewels, met him and submitted a petition.

Yeddyurappa assured them that BJP MPs from Karnataka would ensure the central governments intervention and steps to ensure the Enforcement Directorate probe into the case.

"We (BJP) feel that it is our responsibility to ensure that innocents who have lost their money get it back," Yeddyurappa was quoted as saying by BJP in a release.

Only a CBI inquiry can ensure justice to the affected investors, he said, as he held the state government responsible for the "injustice" to the IMA investors.

The BJP leader also promised those who met him that the Centre would take all steps to find out the wherebaouts of IMA jewels owner Mohammed Mansoor Khan.

Earlier, speaking to reporters, Yeddyurappa raised questions about minority welfare minister B Z Zameer Ahmed Khan's alleged links with Mohammed Mansoor Khan.

"While asking him (Mansoor) to come back, Zameer, who is a minister, has said that government is with you (Mansoor), dont fear- what does this mean? chief minister has to answer this," he said.

Hitting back at Yeddyurappa, Zameer Ahmed Khan pointed out that it was he who took initiative after the incident came to light and sought a SIT probe.

"It was not Yeddyurappa. Making speeches sitting somewhere is not enough. We are doing whatever we can. SIT is probing...," he said.

Nearly 30,000 complaints have so far been received by police in connection with the case, relating to which seven directors of the firm were apprehended on June 12 .

Mohammed Mansoor Khan went absconding after allegedly threatening to commit suicide in an audio clip.

As the audio went viral, panicked investors, most of them Muslims, had swarmed the firm's office at Shivajinagar in thousands, demanding action against the owner and directors.

Khan in an audio clip had purportedly said he was committing suicide as he was fed up with corruption.

He had also alleged the Shivajinagar Congress MLA Roshan Baig took Rs 400 crore from him and was not returning the money.

Baig had rubbished the charge, alleging that his political adversaries had orchestrated the "series of events" to tarnish his character.

On June 12, The Karnataka government had formed a 11-member Special Investigation Team (SIT) to probe the case.

As reports emerged that Khan had fled to Dubai, the SIT said they were investigating his whereabouts.

The Enforcement Directorate also filed a case of money laundering in the alleged ponzi scheme.

The agency's zonal office here filed an Enforcement Case Information Report (ECIR), equivalent to an FIR, and has pressed criminal charges under the Prevention of Money Laundering Act (PMLA), officials had said.

Comments

Kumar
 - 
Tuesday, 18 Jun 2019

Good suggestion by BSY.  It is as if he is declaring himself as saint.   Let him first give accont of billions of rupees looted while he was CM of Karnatka.   He has property worth billions of rupees.  Will he agree to investigate his own property.  IMA issued is required to be investigated but BSY need not advise any one on the issue as he himself is a big looter.   May be he has some link with owner if IMA and have invested few millions there.  BSY share in IMA is requried to be investigated. 

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Agencies
January 9,2020

Alappuzha, Jan 9: The houseboat of Nobel Laureate Michael Levitt was blocked in the backwaters here for some time by trade union activists, who were on a nationwide strike against the Centre's "anti-labour" policies on Wednesday.

Michael Levitt, an American-British-Israeli biophysicist and a professor of structural biology at the Stanford University in the United States, said the incident sent a bad message to tourists.

Levitt, who was in Kerala as a state guest, also said he felt as if a bandit had stopped his wife and him at gunpoint. Police said Levitt, who received the 2013 Nobel Prize in Chemistry, was in Alappuzha with his wife and they were stopped by the protesters near Kainakary.

"Being stopped by criminals on the backwaters sends a very bad message to tourists. It is as if a bandit stopped us at gunpoint and delayed us under the threat of force for one hour," Levitt wrote in an email to his tour agent at Kottayam.

In the email, which was later released to the media, he also said the person who blocked them "ignored all arguments that tourists were exempted" from the strike.

"This person, who did this, ignored all arguments that tourists were exempted and that I am a VIP guest of the Kerala government. He was obviously acting, knowing that he was safe from prosecution. Sadly, this makes me fear that India is sinking into lawlessness," Levitt wrote in the email.

The police registered a case after the houseboat owners filed a complaint in this regard.

Reacting to the incident, state Tourism Minister Kadakampally Surendran said the government would take strong action. "Strong action will be taken against those anti-social elements who stopped the boat. Levitt was here as a guest of the state government. The government had made it clear that the tourism industry was exempted from the strike," he said.

Trade union leaders had also announced that the strike would not affect the tourism industry.

Ten trade unions, including the INTUC, the AITUC and the CITU, had called for the nationwide strike to protest against the labour reforms, FDI, disinvestment, corporatisation and privatisation policies of the Centre and press for a 12-point demands of the working class, relating to minimum wage, among others.

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coastaldigest.com news network
July 11,2020

Bengaluru, Jul 11: Amidst the mounting number of covid-19 cases, Karnataka is witnessing another disturbing trend of increasing number of people ending their life. After the lockdown was relaxed, the state saw a worrying jump in the number of suicides.

According to statistics, as many as 2,211 suicide cases have been registered in just two months. The number of suicides rose by 23% in May to 1,127, and by another 18% in June to 1,084, from an average of 912 suicides in the first three months of the year. 

In April, however, the number nearly halved to 477. But April was also the month during which the lockdown (announced on March 24) was complete, and everyone was at home -- which, experts say, could have prevented people with suicidal tendencies from taking their own lives.

Shockingly, number of teenagers including school children committing suicide also increased in the state in past couple of months.

With the pandemic still accelerating and impacting people in multiple ways, the World Health Organisation has urged people to pay greater attention to mental health and suicide prevention. 

Dr Poonam Khetrapal Singh, Regional Director, World Health Organisation (WHO), South-East Asia Region, said stigma related to Covid-19 infection may lead to feelings of isolation and depression. Another precipitating factor impacting mental health amidst Covid-19 could be domestic violence, which is reported to have increased globally as several countries imposed lockdowns, she said.

“Hitting lives and livelihoods, the pandemic is causing fear, anxiety, depression and stress among people. Social distancing, isolation and coping with perpetually evolving and changing information about the virus has both triggered and aggravated existing and pre-existing mental health conditions, which need urgent attention,” she said.

Dr H Chandrashekar, professor and head of the department of psychiatry at Victoria Hospital, said reasons for suicide are always multi-factored, combined, cumulative, unresolving and interrelated.

“There is grief everywhere now due to deaths related to Covid-19, and it may have an adverse effect on some. But people should be watchful of their family members, especially those who are in depression and have a history of suicide attempts. One should never ignore signs, like when someone says they feel like ending their life. They should not be left alone, and unconditional support needs to be given. Also, objects that could be used to commit suicide must be kept away from them,” Dr Chandrashekar said.

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Agencies
July 5,2020

Dubai, Jul 5: Three Indians, who were repatriated on a chartered flight from the UAE on Friday, have been held in the state of Rajasthan after officials seized gold worth Dh2.2million from them, the government announced on Saturday.

They are likely to be placed under arrest along with 11 others, who were repatriated from Saudi Arabia, from whom gold worth Dh5.5million was seized, a statement from the government tweeted by Press Information Bureau in Rajasthan said.

The gold bars were hidden in emergency lamps, photos attached to the tweets showed.

The 14 passengers had arrived at the Jaipur International Airport by two chartered flights.

They were intercepted by the Customs team at the airport and 31.9kg of gold valued at Rs156,759,820 (Dh7.7million) concealed in the baggage was recovered from these passengers.

Three passengers arrived from Ras Al Khaimah by Spice Jet Flight SG9055 and 12 gold bars/bricks weighing 9.3kg valued at Rs.45,761,100 (Dh2.2million) were recovered from them, the statement said.

The Indian Consulate in Dubai confirmed to Gulf News that the flight was chartered by a private company for repatriating its employees.

It is suspected that the passengers were used as carriers to smuggle gold.

The other 11 accused had arrived from Riyadh and 22.65kg of gold bars, predominantly with Suisse markings, valued at Rs110,998,720 (Dh5.5million) were recovered from them.

“The said recovered gold bars have been seized under Section 110 of the Customs Act, 1962. The said passengers are being interrogated and are likely to be placed under arrest in terms of section 104 of the Customs Act, 1962,” the statement added.

Indian media had earlier reported similar cases in which stranded Indians were apparently lured to be carriers for smuggling gold on repatriation flights from various countries.

A spike in gold smuggling attempts using Indians getting repatriated after losing jobs was also reported from the Indian state of Kerala.

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