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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Our people will not leave: Palestinian president condemns Trump's suggestion to 'clean out' Gaza
Ramallah (AP): The office of Palestinian President Mahmoud Abbas has sharply condemned US President Donald Trump's suggestion to “clean out” the Gaza Strip and request that Egypt and Jordan take in more Palestinians.
In a statement, the Palestinian Authority, which exercises limited control over parts of the Israeli-occupied West Bank, says the prospect of mass displacement from the Gaza Strip “constitutes a violation of the red lines that we have repeatedly warned against.”
“Our people will not leave,” the statement said. “We warn of the repercussions of such a dangerous Israeli policy that contributes to severing the ties of the Gaza Strip, and displacing its people, which will lead to destabilization and security.”
Trump's remarks suggesting that Palestinians be encouraged to leave Gaza gets at the core of Palestinian fears that they will be driven from their remaining homeland.
The Palestinian presidency said it was “ready to assume its full duties in the Gaza Strip” in hopes of eventually establishing an independent Palestinian state. The Palestinian Authority, based in the West Bank city of Ramallah, briefly controlled Gaza after Israeli troops withdrew in 2005, only to be driven out by its rival Hamas two years later.
