Bengaluru, Agencies. The CBI on Saturday filed a supplementary charge sheet against the 28 accused in the Rs 4,000-crore I-Monetary Advisory (IMA) banking scam on the pretext of investing according to Islamic rules. The accused also include senior IPS officers like IG Hemant Nimbalkar and SP Ajay Hilori. The CBI alleges that these officials, along with the revenue officials of the Government of Karnataka, had stopped their inquiries and investigations on the information and complaints received against the IMA.
Assistant Commissioner also surrounded
Let’s say that ‘I’ is not defined in the name of the company, but its meaning is considered ‘Islamic’. Officials said on Saturday that in a charge sheet filed in a special court in Bangalore, CBI also charged IMA Managing Director Muhammad Mansoor Khan and the then Assistant Commissioner of Bangalore North Sub Division LC Nagraj, among others.
Allegations on veteran officials
Apart from these, the then DSP (CID) EB Sridhar, the then SHO of Commercial Street Police Station M. Ramesh and the then Sub-Inspector of the police station P. Gourishankar have also been charged. Despite being warned by the Reserve Bank and the Income Tax Department, Nimbalkar was posted in the CID’s Economic Offenses Wing as IG and Hilori as the Deputy Commissioner of Police of Bangalore East when the IMA was involved in illegal activities.
Clean chit was given to the accused
The headquarters of the IMA comes under the jurisdiction of the Commercial Street Police Station. The CBI has also accused IMA directors Nizamuddin, Naseer Hussain, Naveed Ahmed, Wasim, Arshad Khan and Afsar Pasha. CBI spokesperson RK Gaur said, the accused did not take necessary action under the law but instead gave a clean chit and said that the said private company was not involved in any illegal activity.
Crores of investors were drowned
It has also been alleged that the illegal activities of the said company continued unabated and crores of rupees of thousands of investors were sunk. The investigating agency found that the accused police officers had allegedly taken bribes for this financial fraud. Please tell that CBI has filed two charge sheets in this case earlier. Initially the state police was investigating the case by registering the case, but later the investigation was handed over to the CBI.
Mansoor had fled to Dubai
The scam came to light in 2018 in which the company was illegally collecting money from people for various Ponzi schemes like monthly scheme, education scheme, marriage scheme, by luring more interest. When it came time to return, Mansoor Khan fled to Dubai. He was extradited to India on 19 July last year and arrested. He is currently in judicial custody.