Bengaluru, June 26: The Special Investigation Team, appointed to investigate Multi-Crore IMA fraud case, have seized Rs 83.26 Lakhs worth Gold ornaments and Silver articles during raid at two places including IMA Gold Yeswantpur and IMA Gold Tilak Nagar in the City.
According to a press release by the Police here on Wednesday, while 1 kg 300 gram gold ornaments worth about Rs 41.60 lakhs, 5.5 kg Silver articles worth about Rs 2.20 lakhs and Cash Rs 2000 were seized at Tilak Nagar shop, 970 gram Gold ornaments worth about Rs 31.04 lakhs and 21 kg Silver articles worth about Rs 8.40 lakhs was seized from Yeswanthpur shop.
Questioning of 12 Directors arrested in connection with the Fraud is continuing and Mohammed Mansoor Khan, against whom Blue Corner notice was already issued and his Passport cancelled, is yet to be arrested.
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