CBI files supplementary charge sheet against former Karnataka minister Roshan Baig in IMA scam case
New Delhi, Apr 27: 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.
"It was alleged that the accused former minister received several crores of rupees from IMA funds for election expenditure. It was further alleged that the accused was also utilising the said funds for day-to-day expenditure, including salaries of employees of his firm. It was also alleged that the accused has spent the funds for various social and cultural activities in his constituency to increase his popularity," CBI spokesperson R C Joshi said in a statement.
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 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 had registered four cases in connection with the scam and earlier filed three charge sheets and three supplementary charge sheets against 33 accused, including Khan, company directors, several revenue and police officials.
"It was alleged that the said Group had raised unauthorised deposits & cheated the public by failing to repay the principal and as well as the promised returns. These funds were allegedly diverted for acquiring properties, paying bribe amounts, etc. Several properties, including moveable & immovable, were identified and attached under KPIDFE (Karnataka Protection of Interest of Depositors in Financial Establishments) Act, 2004 by the competent authority," Joshi said.
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'Red' alert for severe thunderstorms, hailstorms issued in Delhi
New Delhi (PTI): A "red" alert for severe thunderstorms and hailstorms was issued for Delhi late on Sunday evening, with some parts of the national capital placed under an "orange" alert, as residents were advised to be prepared for potentially-disruptive weather conditions.
A "red" alert stands for "take action", indicating severe weather conditions.
According to the India Meteorological Department (IMD), severe thunderstorms accompanied by lightning, hailstorms, dust storms and moderate rainfall, along with gusty winds reaching speeds of up to 80 kmph, are very likely over the city, with some areas expected to witness moderate thunderstorm activity.
The IMD said a "red" alert has been issued for Outer North Delhi, Northwest Delhi, West Delhi, Southwest Delhi, parts of North Delhi, Central Delhi, Northeast Delhi and Shahdara, while South Delhi, Southeast Delhi and parts of North Delhi remain under an "orange" alert. Similar thunderstorm conditions are also likely at isolated places across various locations in Delhi-NCR.
The weather office warned of likely impacts, including the breaking of large tree branches, uprooting of weak or old trees, lightning strikes at vulnerable locations, such as tall trees and electric poles, and disruption of municipal services.
"Damage to kutcha houses, huts and weak structures, partial collapse of boundary walls, difficult driving conditions and possible road accidents are also likely. Vehicles may also be damaged due to falling branches or debris," it said.
Residents have been advised to move to safe buildings, avoid weak structures and stay away from windows during the storm.
Authorities have cautioned against taking shelter under trees or going near water bodies and advised people to unplug electrical equipment and avoid contact with metallic objects, water taps and pipes. People have also been asked to park vehicles in safe locations and, if caught during the storm while driving, to pull over safely and remain inside the vehicle.
They have further been advised to stay away from electric poles and power lines and remain alert to flying debris, officials said.
