Leaving country was a mistake; ready to surrender; will reveal big names: IMA MD Mansoor Khan

News Network
June 23, 2019

Bengaluru, Jun 23: In a sensational twist to the multi-crore IMA investment scam, the absconding MD of the company, Mohammad Mansoor Khan, has now offered to surrender and cooperate with the investigation. Mansoor on Sunday released an 18-minute video, which was posted on the IMA's YouTube group and claimed that leaving the country was a 'mistake' but added  that he was compelled to do so as people close to him had backstabbed him.

He even claimed that he had gone to the airport on June 14 to return to India, but was off-boarded by the authorities, who allegedly told him to meet immigration officials. He however, did not disclose his location. "I did go to the immigration department, but no officials were present as it was a Friday," he said.

“It was a mistake to flee my country but my own people within the management and those who were close to me backstabbed me. Politicians who were close to me became a threat to my life, which forced me to hide my family in India and leave the country. Everything happened in a hurry and nothing was planned," Mansoor said.

In the video he is seen with a trimmed beard and said he did this to prevent people from recognizing him. Mansoor  requested Bengaluru city police commissioner Alok Kumar to contact him on his Indian mobile number and share with him the details of people he should meet to cooperate with the investigation. "I have decided to come and appear before the investigating agency and explain everything to them," he said.

From its inception in 2006 till 2019, IMA has given Rs 12,000 crore in monthly returns to investors and nearly Rs 2,000 crore capital investment to them, Mansoor claimed adding that he has property worth Rs 1,350 crore, which will be liquidated to pay the investors.

The IMA MD asserted that "99 per cent of people" were spreading fake news on IMA and clarified the he was not running a Ponzi scheme, but a genuine business.

"I have made a list of people responsible for the collapse of IMA and details of those who intend to make me bankrupt. I also have the list of people who extorted money from me by threatening to harass me, which I'll disclose to the investigating agency," he said.

He claimed many powerful people are involved in the business. "If I name them now, they will hunt down my family members and kill them. They are powerful enough to track me and kill me as well," Mansoor said. Reiterating his charge that Shivajinagar MLA R. Roshan Baig has taken Rs 400 crore from him, Mansoor requested Alok Kumar to question him and said Baig cannot wash  his hands off saying there is no proof. He also requested for a CBI inquiry, as many powerful people are involved. Reacting to the video, the police said they have not yet ascertained its veracity.

The state government had formed an 11-member SIT, headed by DIG BR Ravikanthe Gowda, to probe the alleged fraud. Over 40,000 complaints have so far been filed against the company by investors, demanding refund of their investments.

IMA directors have stolen gold: Mansoor

I Monetary Advisory (IMA) Managing Director Mohammad Mansoor Khan, who is currently on the run, has now accused the board of directors of emptying gold from the vault in the jewellery showrooms run by the company. In a video he released on Sunday and posted on IMA's YouTube group, Mansoor said that he had received information that some directors had backstabbed him, by stealing gold and silver from the vault with the help of other staff.

"There were 120 kg of solid jewelley and 600 kg bullion gold in the vault and I have received information that most it has been moved from the vault by board of directors Nizammuddin Azeemuddin, Mohammad Wasim (Mansoor's cousin), Khalid Ahmad (Construction worker for IMA) his son Fahad Ahmad, along with the help of other staff," he said

Mansoor Khan further claimed that another board of director Naveed Ahmed was involved in financial fraud. Meanwhile, all the 12 board of directors including the one Mansoor accused of theft are in police custody and are being interrogated.

Mansoor Khan also alleged in the video that former Rajya Sabha Member K. Rahman Khan, Congress worker Mohammad Obaidullah Sharief, MLC Sarvananju, an Urdu newspaper editor Khaliq Ahmad, Mukhtar Ahmad, who was booked under TADA, Fairoze Abdullah of Fairoze Estate, Saif of Zaid Chit Funds, Mufti Iftikhar Ahmad Qasmi, Mufti Shamshuddin Bijli and Moulana Zainul Abideen, were involved in 'financial settlements' and have pocketed investors money.

The SIT probing the IMA scam has so far raided IMA Jewels' showroom at Jayanagar have seized 43 kg gold worth Rs 13 crore, 5,864 carat of diamond worth Rs 17.6 crore, 520 kg of silver worth Rs 1.5 crore and precious gems worth Rs 1.5 crore. The SIT found 1.5 kg of gold, 1.5 kg silver and Rs 2.69 lakh cash from Mansoor's third divorced wife Tabassum's house in Shivajinagar.

Similarly, the SIT seized 30 kg gold, 2600 carat diamond and 450 kg silver from IMAs Jewels showroom in Shivajinagar estimated value of which is around Rs 20 crore.

Did directors empty gold from vault?

Absconding IMA MD Mohammad Mansoor Khan has in the video released on Sunday, accused his company's board directors of emptying gold from the vault of his jewellery showrooms. He said he had received information about a few directors backstabbing him and stealing gold and silver with the help of other staff. "There was 120 kg of jewellery and 600 kg bullion gold in the vault and I have received information that most of it has been moved from the vault by board directors Nizammuddin Azeemuddin, Mohammad Wasim (Mansoor's cousin), Khalid Ahmad (construction worker for IMA), his son Fahad Ahmad, along with the help of staff," he said.  

He further claimed that another board director, Naveed Ahmed was also involved in the financial fraud. Meanwhile, all 12 board directors  are being interrogated.

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News Network
May 3,2024

Bengaluru: In a fresh development in the alleged Hassan sex abuse case, JD(S) MLA H D Revanna, who was accused of sexually harassing his house help, has been booked for kidnapping a victim allegedly sexually assaulted by his son, Hassan MP Prajwal Revanna. The case was filed late Thursday evening at the KR Nagar police station in Mysuru.

The 20-year-old complainant from KR Nagara accused one Sathish Babanna of taking his mother away forcibly and keeping her in an unknown location at the behest of Revanna.

As per the FIR, Revanna has been named as accused 1 while Babanna was accused 2. The duo were booked under IPC Sections 364A (kidnapping for ransom), 365 (kidnapping or abducting with intent secretly and wrongfully to confine a person) and 34 (acts done by several persons in furtherance of common intention).

The complainant claimed that his mother, whose name and age were not revealed, had worked as a help in Revanna’s house and farm in Holenarasipura for six years, quit the job three years ago and returned to KR Nagara. She then worked for daily wages.

“Nearly three to four days before the Lok Sabha election, Sathish Babanna, who is known to us and hailed from our native place, took my mother to Holenarasipura after saying that Bhavani Revanna, the wife of MLA Revanna, had asked for her,” the complainant alleged, adding that Babanna dropped her back on the day of the polls.

Babanna allegedly told the victim’s mother and father to remain silent and evade the police if they came looking for them and to inform him of the developments.

On April 29, at around 9 pm, when the complainant was home, the suspect Babanna arrived, told the complainant’s mother that Revanna had asked for her and took her away on his motorcycle. The complainant claimed that he wasn’t aware of where Babanna took his mother and he had told him that if the police found her, a case would be registered and they would all go to jail.

On May 1, two of the complainant’s relatives called him on the phone and told him that there was a video of his mother being sexually assaulted by Prajwal and that it was a huge case, the FIR noted. He was also informed by his two friends of his "mother's videos being circulated".

When he asked Babanna later that night, he was allegedly told that there was a photo of his mother standing with a stick when Prajwal had quarrelled with someone earlier and an FIR had been registered. Babanna told the complainant that his mother would have to be released on bail, the FIR noted.

“Babanna told me not to speak on the matter on my phone and asked me to talk from a different phone,” he said, seeking action from the police.

The case has been transferred to the Special Investigation Team (SIT) set up to probe the Hassan sex scandal as per the government order.

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News Network
April 26,2024

A 91-year-old woman passed away minutes after casting her vote in Karnataka's Hunsur on Friday, April 26. Hunsur comes under Mysuru Lok Sabha constituency. Despite her advanced age, Puttamma exercised her democratic right.

Voting held on Friday in 14 constituencies in Karnataka. Polling began at 7 am and will ended at 6 pm.

Chende artiste Manohar dies 

artistemanohar.jpg

Chende artiste Manohar (58) died of cardiac arrest after exercising his franchise in Kodagu district.

He had cast his vote at B Shettigeri polling station in Ponnampet taluk. Later, Chende artiste Manohar (58) reportedly collapsed after coming out of the polling booth. Though he was rushed to hospital, doctors declared him brought dead.

Ponnampet Tahsildar Mohankumar said “Manohar had come out of the polling booth and collapsed 200 metres away from the booth.

For the uninitiated, Chende (also known as Chenda) is a cylindrical percussion instrument widely used in cultural events in Tulu Nadu of Karnataka and Tamil Nadu in India.

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News Network
April 22,2024

chowtamodi.jpg

Mangaluru: BJP candidate in Dakshina Kannada Capt Brijesh Chowta has received a letter from Prime Minister Narendra Modi wishing him victory in the election.

In the letter, which the BJP shared with the media, the PM has lauded Chowta’s exceptional services in the armed forces as a part of the Gorkha regiment, especially in counter-insurgency operations. Modi also has mentioned about Chowta’s efforts as an organiser of the Mangaluru Lit Fest and his dedication to preserve the cultural heritage of the region.

“I am certain that you will immensely contribute towards the welfare of people and the region of Dakshina Kannada. Through this letter, I would like to tell the people of your constituency that this is not an ordinary election. Families across India, especially the senior members, would remember the difficulties they have gone through in the last five to six decades. In the last 10 years, the quality of life of every section of society has improved, with many of these troubles removed. Yet, a lot more is still to be done and this election will be decisive in our mission to ensure a better life for everyone,” reads the letter. 

“Your exceptional service in the armed forces as a part of the Gorkha regiment, especially in counter-insurgency operations, is commendable. Additionally, your efforts as an organiser of the Mangaluru Lit Fest demonstrate your dedication to preserving the cultural heritage of the region. I am certain that you will immensely contribute towards the welfare of people and the region of Dakshin Kannada”

“With the blessings of the people, I am confident that you will reach the Parliament. Team members like you are a great asset for me. As a team, we will leave no stone unturned for the welfare of the people of your constituency and the country. Through this letter, I would like to tell the people of your constituency that this is not an ordinary election. Families across India, especially the senior members, would remember the difficulties they have gone through in the last 5-6 decades. In the last 10 years, the quality of life of every section of society has improved, with many of these troubles removed. Yet, a lot more is still to be done and this election will be decisive in our mission to ensure a better life for everyone.

“This election is an opportunity to connect our present with a bright future. Every vote that the BJP gets will go towards forming a stable government and impart momentum in our journey to become a developed nation by 2047. The people of India themselves have made up their minds to support this vision and are leading the way in this election. I am aware that the summer heat poses problems to everyone. But this election is extremely important for the future of our nation. I appeal to the voters to cast their votes early in the morning, before the heat sets in.

“It is important that our workers motivate people to go out and vote in large numbers. Focus on winning the booth. Victory in every booth leads to success in the constituency. At the same time, I request workers of our party to take care of their health and that of other people around them. As a candidate of the BJP, I urge you to convey my assurance to each voter that every moment of my time is dedicated to the welfare of my fellow citizens. I send you my wishes for your victory in the election,” stated PM Modi in the letter.

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