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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News Network
March 10,2020

Mangaluru, Mar 10: Tension prevailed in the city after an international flyer quarantined at the District Wenlock Hospital walked out of the facility.

The passenger, with a recent travel history to high-risk countries, refused to cooperate with health officials. The day-long drama ended when the district administration intervened and the flyer agreed to get himself re-admitted.

Deputy commissioner Sindhu B Rupesh said the passenger had fever and was sent to an isolation ward. “The passenger is cooperating with the treatment and samples have been collected for testing,” she said. The samples will be sent to a testing centre in Bengaluru.

Sources told  that rude behaviour by staff at Mangalore International Airport may have angered the passenger and he walked out of the quarantine facility.

She said if passengers show reluctance to be screened, they should first be counselled and allowed to get themselves admitted to a hospital of their choice with quarantine facility. If they still refuse to cooperate, they will have to be hospitalised forcefully, she added.

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coastaldigest.com news network
May 27,2020

Kolhapur, May 27: Praising the Muslims of Ichalkaranji town in the Kolhapur district for making invaluable contribution for setting up of a new intensive care unit in Indira Gandhi Memorial (IGM) hospital for treatment of corona infected patients, Maharashtra Chief Minister Uddhav Thackeray has said that with this donation, they have set an ideal example before the country.

While dedicating a 10-bed ICU unit at IGM hospital online from Mumbai, during Eid al Fitr, Mr Thackeray said that by donating Rs 36 lakh for ICU unit at IGM hospital, the Muslim community has set an ideal example before the country as to how to celebrate the festival.

The Muslims of Ichalkaranji made the donation following an appeal by the state government about avoiding unnecessary expenses for celebrating the Eid.

Minister of State for Health Rajendra Patil-Yadravkar, MP Dharysheel Mane, MLAs Prakash Awade and Raju Awale, district collector Daulat Desai, district superintendent of police Dr Abhinav Deshmukh, Zilla Parishad chief executive officer Aman Mittal, district surgeon Dr B C Kempipatil and others were present on the occasion.

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June 9,2020

Udupi, Jun 9: Karnataka Minister for Primary and Secondary School S Suresh Kumar on Tuesday ruled out the possibility of either postponing or cancelling SSLC exam in the State and it will start from June 25 as scheduled.

Replying to a question, the Minister said that Telangana and Tamil Nadu States might have cancelled the SSLC exam, but Karnataka will not follow them. "Will hold the examination from June 25 to July 4 by taking all care to protect the interests of the Children.

The SSLC exam was originally scheduled for March 27, but was postponed as lockdown was clamped following the spread of killer Coronavirus.

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