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Decide on returning money spent by IMA Group on government school: HC

The scam-tainted group had spent ₹12.82 crore on development of the school The State government on Saturday found itself in an embarrassing situation with the High Court of Karnataka directing it to take a decision on returning ₹12.82 crore that the scam-tainted IMA Group spent for redevelopment and maintenance of V.K. Obaidullah Government School in Shivajinagar. On former Minister’s property The court also directed the government to reconsider its decision on attaching the properties of former Minister R. Roshan Baig while pointing out that there is no need for the government to wait for the investigation report from the Central Bureau of Investigation (CBI) as law empowers the authorities to attach properties based on other relevant materials.

IMA scam: CBI names ex-BDA engineer, IMA chief in charge-sheet

IMA scam: CBI names ex-BDA engineer, IMA chief in charge-sheet By IANS|   Published: 12th March 2021 10:46 pm IST New Delhi, March 12 : The Central Bureau of Investigation (CBI) on Friday filed a charge-sheet against seven people, including the then executive engineer of Bangalore Development Authority (BDA), P.D. Kumar, and IMA CEO Mohammed Mansoor Khan, in connection with the multi-crore IMA ponzi scam case in Karnataka. Besides Kumar, Khan and the IMA, the CBI also named IMA directors Nizamuddin Ahamed, Vaseem, Naveed Ahmed and Nazir Hussain in the charge-sheet, which it filed before the principal sessions judge for CBI cases in Bengaluru.

IMA scam: Charge sheet filed against ex-Bangalore Development Authority engineer in bribery case

Source: Highlights The probe has shown that a bribe of Rs 5 crore (approx) was allegedly paid in four instalments It was alleged that these amounts were paid on the instructions of the CEO and MD (Khan) of the said group as part of a conspiracy The agency is probing four cases in connection with the IMA scam which are being monitored by the Karnataka High Court New Delhi: The CBI has filed a charge sheet against a former executive engineer of the Bangalore Development Authority for allegedly receiving Rs 5 crore from I-Monetary Advisory (IMA), which is facing a probe in a Rs 4,000-crore scam, to help the company get a clean chit from the Karnataka revenue department, officials said on Friday (March 12).

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