IMA Ponzi scheme: CBI takes over probe in bribery case
New Delhi, Sep 4: The CBI has taken over the investigation in a case of an alleged bribe of Rs five crore received by an executive engineer of the Bangalore Development Authority (BDA) from the IMA group of companies, which is facing a Ponzi scheme probe in Karnataka, officials said on Wednesday.
The central agency has booked PD Kumar, who was an executive engineer in the BDA, they added.
It is alleged that Kumar received a bribe of Rs five crore from the IMA group, which had allegedly duped investors by offering them high returns on their investments.
The agency has already booked Mansoor Khan, the managing director of the company, besides 24 other individuals and four sister concerns of the IMA group.
Khan has allegedly duped over a lakh investors, mostly Muslims.
Many touts as well as some religious preachers were also among those who lured people to invest in the IMA group, the officials said.
The case came to light when Khan fled to Dubai, leaving behind a video message, in which he said he was committing suicide due to "corruption in the state and central governments".
Khan was arrested by the Enforcement Directorate on July 21 on his arrival in New Delhi and is currently in judicial custody.
In his statement, Khan had alleged that Kumar had received a bribe from him. The case was being probed by a Special Investigation Team (SIT) of the Karnataka police, which had arrested Kumar.
After the Karnataka government handed over the probe into the matters related to the IMA group of companies to the CBI, the central agency re-registered the SIT FIR in accordance with the procedure.
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Over half a dozen passenger trains cancelled for three days due to elephant movements
Jamshedpur (PTI): Over half a dozen passenger trains will remain cancelled for three days from December 22 under the Chakradharpur division of South Eastern Railway due to the movement of elephants, a railway statement said on Sunday.
The Memu train services will remain cancelled between December 22 to 24, a South Eastern Railway statement said.
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Movement of a herd of elephants has been noticed near rail tracks between Chakradharpur (Jharkhand's Singhbhum)-Jharsuguda (Odisha) section of the division, especially Bandamuna during night, said Senior Divisional Commercial Manager, Chakradharpur division of S E Railway, Aditya Choudhary.
The train services are being slowed down, causing traffic congestion and subsequently delaying train movements, he said.
The trains which will remain cancelled due to elephant movements in the section include 68025/68026(Ckp-Rou-Ckp), 68043/68044 (Tata-Rou-Tata), 18175/18176(Hte-Jsg-Hte), 68029/68030 (Rou-Jsg-Rou), 58151/58152 (Brmp-Bxf-Brmp) PASS, 68125/68126 (Tata-Bbn-Tata) MEMU, 68019/68020 (Tata-Gua-Tata) Memu, 68010/68009/68006 (Ckp-Tata-Kgp-Ckp) Memu, it added.
