Bengaluru, Aug 21: The Special Investigation Team probing into a multi-billion ponzi scam, has arrested a 40-year-old trusted aide of IMA founder Mohammed Mansoor Khan.
Kamarullah Jamal, a resident of Fraser Town, had allegedly received a part of the investors’ money from Khan, which he spent on purchasing a 1.5-acre plot in Malur, Kolar district.
He also ran a cement block manufacturing unit there and had built a bunker to hide the money given by Khan and had hired gunmen to guard the place, the SIT said in a press statement.
Sleuths said they had been pursuing Jamal for long and recently discovered his hideout.
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