IMA jewels scam: Investors file complaint

Investors record proceedings against I Monetary Advisory; government fingers over case to SIT

M ansoor Khan, managing director and proprietor of I Monetary Advisory continued to stay Bengalureans on tenterhooks on Tuesday. As hundreds of investors thronged his place of work in Shivajinagar looking for word on their cash, the state govt passed over the case to a Special Investigation Team. Earlier, it were determined that the Central Crime Branch would investigate the case.

On Monday too, loads of loads of investors grew to become up at IMA Jewels on Bowring Hospital after Khan released an audio clip through which he claimed that he would commit suicide. Although there was once specualtion that he might have fled to the UAE, Khan released another audio clip through which he claimed he was once in Bengaluru itself; he additionally confident all his investors that he would go back their monies.

Over 7,500 proceedings have so far been registered at the Commercial Street police station and 5 separate counters have been opened to just accept proceedings from investors. A senior officer stated that investors continued to walk in to the police station until 2 am to record their proceedings. The police determined to shift the complaint table to AS Convention heart near Shivajinagar BMTC bus stand.

On Tuesday morning, about 40 police workforce sat at 8 counters and started taking down the proceedings from the investors from nine am itself. The crowd started increasing and the police have been compelled to close the doorways and let only 50 complainants in at any given time.

An enormous workforce of investors, together with ladies and aged people, started marching from Shivajinagar against the city police commissioner’s place of work with placards of their fingers. The protest rally started at 1:45 pm and the group reached the city commissioner’s place of work around 2:15 pm.

I Monetary Advisory MD Mansoor Khan

At the same time an emergency meeting was once known as by means of the house minister in Vidhana Soudha relating to IMA. City police commissioner, T Suneel Kumar and Additional commissioner crime, Alok Kumar who have been heading against the meeting instructed the group that they're going to do their easiest to get their investments back they usually have been meeting with house minister at the similar issue.

Special police groups were shaped to trace IMA’s board directors Nasir Hussain, Naveed Ahmed Nattamkar, Nizammuddin Azeemuddin, Afshan Tabassum, Afsar Pasha and Arshad Khan. The police have seized Mansoor’s and his corporate’s financial institution accounts, they think that he has benami houses price crores and has financial institution accounts in his wife’s and kinfolk’ names.

The audio which started circulating from Sunday, went viral on Monday. The IMA place of work was once closed from June 5 - June nine because of Eid and on Sunday after the officers received the audio clip, determined to stay it shut on Monday too and alerted the employees not to open on Monday. According to the resources, Mansoor had performed a gathering with the entire 4 directors lately and then the entire directors went lacking. Their cell phones too were switched off from previous 4 days.