IMA Ponzi scam: SIT seizes 5,880 fake gold biscuits from Mansoor Khan’s building

News Network
August 8, 2019

Bengaluru, Aug 8: The Special Investigation Team (SIT) recovered 5,880 gold-plated copper biscuits from a multi-storey residential apartment on Richmond Road belonging to Mohammed Mansoor Khan, founder of the I Monetary Advisory group of companies, which is embroiled in a multi-crore investment scam.

According to SIT officials, which is probing the scam, the biscuits were hidden near Khan’s swimming pool on the sixth floor of the seven-storey apartment.

According to an official, each biscuit weighs a little over 50 grams, brining the total weight of the haul to around 300 kg.

“They had been hidden by one of the IMA directors, Nizamuddin, on Khan’s instructions,” said an SIT official.

Khan would display the biscuits on the wall of one of his showrooms. The police say he would show them to potential investors to lure them into putting money into IMA.

“A day before Khan fled the country, Nizamuddin carried the biscuits to the Richmond Road apartment and hid them. He was instructed to do so by Khan,” said the police.

The SIT have taken Waseem, an IMA director who was in charge of maintaining the apartment, into custody for further questioning.

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coastaldigest.com web desk
July 25,2020

Bengaluru, July 25: A 105-year-old person from Bengaluru’s Basaveshwar Nagar, who was under treatment for covid-19 at a hospital for past five days, breathed his last today. He was a former government account who retired in 1973. He was the oldest known covid-19 patient in the state so far.

Many members of the patient's family are said to be infected and are hospitalised at various facilities. The funeral will be overseen by two uninfected family members.

The patient 74411 died on Saturday morning at around 9 a.m., said Dr Prasanna, Managing Director of Pristine Hospital And Research Centre where the former was admitted.

“The patient was initially doing well when he admitted on July 20. He did not have significant lung changes when he was admitted. However, after three days, his blood pressure started to drop so he was put on oxygen in the ICU. Yesterday morning, with continued deterioration, he was placed on non-invasive ventilator support,” Dr Prasanna said.

“Finally, by last night, his oxygen saturation levels began to plummet abruptly and we had to intubate him for ventilator support. His condition continued to deteriorate, however. The cause of death was respiratory failure and the onset of sepsis,” he added.

Although earmarked for supplies of Remdesivir by the government, the hospital did not receive the drugs. An appeal to Dr K Sudhakar, Minister of Medical Education by the hospital staff resulted in an assurance that the medication would arrive. “However, in the end, we had to source the medication ourselves on Friday,” medical staff said.

Dr Thrilok Chandra, Head, Critical Care Support Unit (CCSU), which oversees the care of critical or vulnerable-aged Covid-19 patients, had said that Patient 74411 had been diagnosed early. “He was identified when the disease was still in the early stages in his body. He only had symptoms of Influenza-Like Illness (ILI), so the symptoms were not severe,” Dr Chandra had said.

“It’s very sad. We were rooting for him to pull through. He had no comorbidities at all. He had been bed-ridden from last year, but he was healthy. His only potential comorbidity was his advanced age,” Dr Prasanna said.

According to government data, 34% of Covid-19 fatalities in India are aged between 60 and 74 years of age. Fourteen per cent are aged above 74.

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News Network
March 29,2020

Mangaluru, Mar 29: Infosys Foundation Chairperson Sudha Murty has sent the second consignment of N95 Masks, Personal Protection Equipment (PPE) and Sanitisers worth about Rs 73 lakhs, City police Commissioner Dr P S Harsha said on Sunday.

"These will be primarily used by Doctors, Nurses and Paramedics of Wenlock Hospital here and masks by the frontline staff of ASHA and police at risk of exposure to the virus,” Dr Harsha tweeted on Sunday.

The district has received the first consignment with critical medical equipment worth Rs 28 lakh from the Infosys foundation on Saturday, March 28.

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News Network
July 17,2020

Bengaluru, July 17: An infant with heart-related complications died after 10 private hospitals in the city allegedly refused to admit him over coronavirus fears.

In search of a hospital to treat his one-month-old child, the helpless father drove around for 200km in the city. The child breathes its last after suffering for 36 hours.

The infant’s health worsened around 11am on Sunday. “A doctor from a nearby clinic visited our house and said the baby had heart-related issues. As advised, we decided to shift the child to a private hospital,” the father said. The family lives in Basaveshwaranagar.

The parents went to several private hospitals, but in vain. “We visited hospitals in Bavaveshwaranagar, Chord Road, Sheshadripuram, Goraguntepalya and Yeshwanthpur. None of them agreed to treat our baby, and we returned home at night,” the father said. 

“On Monday morning, we started the journey again. This time, we went to a hospital near Jayadeva flyover. We were driving near Marathahalli when our child stopped breathing. We rushed to a nearby private hospital, where doctors declared him brought dead,” he said.

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