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. 

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
April 23,2020

Mangaluru, Apr 23: An astronomical phenomenon, ‘Zero Shadow Day', will be observed in Mangaluru on April 24 and in Udupi on April 25. 

According to a press release from Poornaprajna Amateur Astronomers’ Club, the wonder will commence and people will see their shadows disappear for a few moments at 12:28 pm.

The phenomenon is called as Zero Shadow Day. If a person takes a candle in a dark room and use it to create a shadow of one’s palm on the wall, the hand will cast shadow on the wall as one moves the hand. But when one places the palm on the wall, there will be no shadow.

In the phenomenon, the sun at these times shines exactly above the heads on these days. In astronomy, this point is called as Zenith. The point in the sky directly above an observer at any given location. So it is quite clear now that on Zero Shadow Day, the sun passes through the Zenith as a result of which, all objects will have minimal or no shadow if they are on the ground.

The reason for this happens on some specific days is concerned with astronomy. The earth spins around on its own axis and causes days and nights. It also revolves around the sun causing a year. But the seasons are caused because the axis is tilted at an angle of 23.5 degrees. It is because of this tilt that the sun rises every day in the east gradually moving towards the north till June 21st and then slowly proceeding towards the south till December 21st every year. “We call these days solstice. This means the sun shines between the Tropic of Cancer and Tropic of Capricorn every day passing by the equator on the days we call equinox,” the release stated.

As the earth moves around the sun and revolves on its own axis, for all the people between Tropic of Cancer and Tropic of Capricorn, the Sun at noon moves father and closer to the zenith passing through zenith twice causing two Zero Shadow Days per year. People at Mangaluru will observe this on April 24 and August 18 every year and People in Udupi will observe this on April 25 and August 17 every year.

Places with same latitudes will observe the same days of Zero Shadow but the time would vary with longitude. For example, people of Bengaluru as they share the latitude with Mangaluru will also observe it on April 24. While the people of Mangaluru will observe their shadows disappear at 12.28pm, people of Bengaluru will observe this at 12:17pm. Places like Moodabidri, Bantwal, Sakleshpur and Hassan will also observe Zero Shadow on April 24.

Places like Brahmavar, Karkala, Sringeri, Kudremukha, Chikkamagaluru will observe the Zero Shadow Day on the same day as Udupi on April 25.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 17,2020

Bengaluru, Jun 17: Amid rising COVID cases in the past two weeks, the Karnataka government is planning to increase testing capacity to 25,000 samples a day, said a minister.

"Due to increase in cases in the last two weeks, the government is trying to scale up testing to 15,000 to 25,000 samples per day," said Medical Education Minister K. Sudhakar.

He said people living in crowded places, sanitation workers, street vendors, healthcare workers, police and other frontline staff would be extensively tested.

"It has also been decided to mandatorily test all those who have symptoms of Influenza Like Illness (ILI) and Severe Acute Respiratory Infection (SARI)," he said.

Similarly, all people over 50 with ILI symptoms will be tested.

The health department will also randomly test samples in old containment zones to make sure that the infection is not recurring.

Currently, there are 72 Covid testing labs in the southern state, 41 government operated and 31 private labs.

However, for a few days, the number of Covid tests in the state have plummeted.

On Monday, the health department has tested only 5,362 samples across the state.

Likewise, on Tuesday, only 7,936 samples were tested, diverging from earlier weeks when around 10,000 cases were tested on an average.

In all, 4.57 lakh samples have been tested so far, of which 4.39 lakh have tested negative.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
coastaldigest.com news network
May 15,2020

Mangaluru, May 15: Mohammed Kana, son of late Ismail Kana and grandson of late Dr M S Bapanad Mulki passed away in Riyadh, Saudi Arabia due to heart attack on Thursday. He was 57.

Hailing from Mangaluru, Mohammed Kana was working in Saudi Arabia for past 30 years. He is survived by his wife, son and a daughter.

He was involved in various social and welfare activities in India and Saudi Arabia. His tragic demise has left huge vacuum in his family and community at large.

Comments

Ahmed Ali Kulai
 - 
Sunday, 17 May 2020

Inna Lillahi Wa Inna Ilaihi Rajihoon

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.