Bengaluru: At a time when the investigation is on the multi-crore scam against IMA Group of Companies Chairman Mansoor Khan, it came to light that he tried to get Rs 600 crore loan from banks.

It is said that in order to come out of the financial crunch of his company, Mansoor Khan, through a minister, had tried to get Rs 600 crore loan from banks. But because of the timely action of a senior IAS officer, he had failed to get the loan; sources said.

He had applied to various banks for loans. But due to the RBI warning against his transactions, banks denied him the loans and said they could give him the loan if he can produce No Objection Certificate (NOC) from the state government. Following banks objection, he had developed a friendship with ministers and politicians to get a NOC for the loan.

It is said that believing his words, a senior minister has reportedly directed an IAS officer to give him a NOC. But the IAS officer who suspected the business transaction of IMA convinced the minister against giving him the NOC after verifying the documents. After IAS officer said that issuing NOC to Khan could lead to legal complications, the minister reportedly dropped the idea of getting him the NOC.

SIT raid

The SIT officials who have been investigating the IMA scam conducted raids on various places at Shivajinagar, Frazer Town, KR Puram, and Indira Nagar in Bengaluru and verified the documents. The officials also conducted raids on the houses of the directors of IMA who were in the custody of SIT and got the statements of the accused and recovered the documents.

Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.



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.

ALSO READ: Woman cop shoots, injures rape accused trying to flee during crime reconstruction in Gujarat

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.