IMA scam: SIT arrests Executive Engineer of BDA

Company founder, in his first audio message, claimed that the official had taken money from him

July 01, 2019 11:13 pm | Updated 11:13 pm IST

Kumar, Executive Engineer, BDA.

Kumar, Executive Engineer, BDA.

The Special Investigation Team (SIT) probing the I Monetary Advisory (IMA) Group investment scam, on Monday, arrested Kumar, Executive Engineer in the Bangalore Development Authority (BDA), from his flat at Jayanagar and recovered several documents pertaining to the case.

According to officials, Kumar had taken ₹4 crore from IMA Group founder and managing director Mohammed Mansoor Khan for an official favour, which is being investigated. Mansoor Khan, in his first audio message, claimed that Kumar had taken money from him.

The accused was taken into custody and produced in court.

In another development, the SIT raided Frontline Pharma outlets, owned by Mansoor Khan, and recovered pharmaceutical products, electronic goods and cash amounting to ₹74 lakh. The searches and seizures are part of the investigation, a senior police officer added.

On Sunday, the SIT had arrested nominated BBMP councillor Syed Mujahid from his house on M.M. Road in Pulakeshinagar in connection with the scam. Mujahid was involved in financial transactions with Mansoor Khan, according to the police.

An SUV, two mobile phones, and several documents pertaining to the IMA Group of companies were recovered from his house.

During questioning, Mujahid claimed to have gone into hiding for two weeks after coming under the scanner of the IMA. He had returned home recently to meet his family.

Top News Today


Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.