A dozen arrested directors of IMA too had invested in group and lost money

coastaldigest.com news network
June 23, 2019

Bengaluru, Jun 23: A dozen directors of the I Monetary Advisory (IMA) group -- who have been arrested after their boss Mohammed Mansoor Khan went absconding gulping the money of thousands of investors -- too had reportedly invested in IMA Private Limited.

Sources in the Special Investigation Team (SIT) probing the group’s alleged multi-billion scam said the directors had not performed their duties as designated directors. 

According to SIT chief investigating officer BR Ravikantegowda they are enquiring on the antecedents of the directors. “We are questioning them on different grounds. We cannot say anything more at this stage,” he said.

However, multiple employees with IMA revealed that the directors had invested in the group. “We’re not sure about the exact amount of money they had put in, but they surely had invested. They had also introduced different investorswho had put in more than Rs 10 lakh,” added one of them.

Sources also said that not just the directors, but several teachers from the school IMA had adopted had also invested.

On Thursday, the SIT arrested Shadad Ahmed, 28, Israr Ahmed, 32, P Ahmed, 30, Mohammed Idris, 30, and Usman Abarez, 33 — all directors in IMA group of firms. “They are in police custody for questioning. Some handled financial transactions, but all of them persuaded investors to put money in the company,” a source said. The SIT had earlier apprehended seven other directors.

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News Network
April 19,2020

Mangaluru, Apr 19: District-in-charge Minister Kota Srinivas Poojary said that Rs 2000 each has been deposited in the bank accounts of 6,122 construction workers, who are registered with the labour department in the Dakshina Kannada district. The amount will be deposited in the accounts of other registered construction workers at the earliest.

The state government had announced Rs 2000 to construction labourers who are registered and have lost their livelihood due to the on-going nationwide lockdown to curb the spread of the coronavirus. The curbs, which were imposed on March 24, have been extended till May 3. "The labourers were reeling under hardship after construction activities came to a halt," said the Minister.

Supply food

Local bodies should make arrangements to supply food for stranded labourers, destitutes and beggars in all the ULBs in Dakshina Kannada district, Poojary said. 

"No one should starve during the lockdown period. All the ULBs should identify destitutes, migrant labourers in their jurisdiction and arrange food for them. In case of necessity, the help of NGOs can also be taken," he added
The minister announced that Asha workers and health workers would collect information on people's health by visiting the houses in the district and submit a report within 10 days.

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News Network
March 30,2020

Thiruvananthapuram, Mar 30: With suicide cases being reported from various parts of the state after liquor sales were stopped in Kerala following the lockdown, Chief Minister Pinarayi Vijayan has directed the Excise Department to provide liquor to those with a prescription from a doctor.

The move comes after many reportedly showed acute withdrawal symptoms and suicide cases were reported in the state.

On Saturday, in Kodungaloor in Thrissur district, a youth committed suicide by jumping into the river after suffering from withdrawal symptoms.

In another incident, a 38-year-old man working in a barbershop in Kayamkulam consumed shaving lotion after he didn't get alcohol. Though he was taken to hospital after he developed uneasiness, he died.

The Kerala government has also asked the Excise Department to provide free treatment and admit people with withdrawal symptoms to the de-addiction centres.

The Chief Minister has said the government is also considering the option of online sale of liquor as the sudden unavailability of alcohol may lead to social problems.

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News Network
April 10,2020

Mangaluru, Apr 10: Complaints have been registered after it came to light that the conditional permission to enter the Dakshina Kannada district for non-COVID-19 patients from Kerala has been misused on two occasions.

Police said on Friday that the Patients are allowed into the district after filling an online form and getting it authorised from the medical officer from Kasargod district hospital.

On April 9, a patient had arrvived at the district hospital complaining of head ache. After preliminary check up by the physician he left in an ambulance that had arrived from Kasargod earlier carrying another patient without informing the physician.

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