Synopsis
The IMA scam pertains to over Rs 4,000 crore collected by IMA Group from over a lakh gullible investors in the name of providing attractive returns on investment following Islamic ways.
Agencies
The Central Bureau of Investigation (CBI) has alleged that the money was diverted to Baig, a minister in the erstwhile Congress government led by Siddaramaiah, so that the IMA Group could continue its illegal activities, officials said.
The CBI filed a supplementary charge sheet against former Karnataka minister Roshan Baig on Tuesday in connection with the Rs 4000-crore I-Monetary Advisor (IMA) ponzi scam case, officials said. In its charge sheet filed before a special CBI court in Bengaluru, the central agency has also named the then MD of IMA Group Mansoor Khan, the company, Baig s company Daanish Publications and others.
IMA scam case: CBI files supplementary charge sheet against ex-minister Roshan Baig
In its charge sheet filed before a special CBI court in Bengaluru, the central agency has also named the then MD of IMA Group Mansoor Khan, the company, Baig s company Daanish Publications and others
PTI | April 27, 2021 | Updated 20:00 IST
The IMA scam pertains to over Rs 4,000 crore collected by IMA Group from over a lakh gullible investors in the name of providing attractive returns on investment following Islamic ways
The CBI filed a supplementary charge sheet against former Karnataka minister Roshan Baig on Tuesday in connection with the Rs 4000-crore I-Monetary Advisor (IMA) ponzi scam case, officials said. In its charge sheet filed before a special CBI court in Bengaluru, the central agency has also named the then MD of IMA Group Mansoor Khan, the company, Baig s company Daanish Publications and others.