Unaware of crisis at firm; directors of IMA Jewellers
“MD asked us to go on Ramadan leave”
Bengaluru, Jun 13: Seven directors of city based IMA Jewellers, at the centre of an alleged financial fraud that left thousands in the lurch, indicated to police Thursday that they were unaware of the crisis and that the owner had asked them to take long leave for Ramzan.
They said Mohammed Mansoor Khan had convened a meeting with them a few days prior to his disappearance and discussed investments in various locations, police said
Before the unsuspecting employees and its sister companies could return to work, they got news of Khan's 'disappearance' and thousands of panic stricken people rushing to the IMA office at Shivajinagar here, demanding action against the owner and directors.
The directors were apprehended yesterday from different locations in the city.
Meanwhile police said they found a white colour SUV, reportedly belonging to Khan, near a home of one of the directors, which had been parked there for quite some time.
Acting on a complaint from residents, police took custody of the car, which bore a Puducherry registration number.
As complaints swelled to about 26,000 on the third day of the news breaking out, poignant stories surfaced from the victims of the ponzi scheme fraud.
Investors told PTI that the Ulemas and Moulavis of some mosques vouched for IMA Jewellers, saying their money would be safe and the investment was as per the Islamic guidelines.
Tears rolling down his eyes, Mohammad Nasir from Bengaluru told PTI that an Ulema from a mosque in his area insisted that he deposit money in the firm.
"I trusted him and deposited Rs 20 lakh in it... Today Mansoor has disappeared. I have two daughters to take care of.
I have the liability of their education and marriage. I dont know how I am going to meet their requirements," said Nasir.
Umiya Bi from Chittur in neighbouring Andhra Pradesh said she had invested close to Rs 10 lakh in the company.
The Karnataka government had yesterday announced the setting up of the 11-member SIT, days after Mohammed Mansoor Khan went absconding after allegedly threatening to commit suicide in an audio clip.
In the audio clip, which went viral on the social media, Khan purportedly said he was committing suicide as he was fed up with corruption.
He had also alleged the Shivajinagar Congress MLA Roshan Baig took Rs 400 crore from him and was not returning it.
Baig had however rubbished the charge, alleging that his political adversaries had orchestrated the "series of events" to tarnish his character.
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Bus helper held for stealing USD 1,600 from Iranian woman's purse in Delhi; money recovered
New Delhi (PTI): The Delhi Police has arrested a bus helper and recovered USD 1,600 that was allegedly stolen from the purse of an Iranian woman who had forgotten it on a private bus at ISBT Kashmere Gate, an official said on Sunday.
The incident came to light on December 15, when a complaint was lodged at the ISBT Kashmere Gate police post by Dr Ali Akbar Shah, a professor at Delhi University and a resident of Mukherjee Nagar, the police said.
He informed police that his guest, Fareshteh Sayanjali, an Iranian national, had arrived in India on December 13 and was staying at his residence, they said.
The woman had travelled to Uttarakhand's Rishikesh and was returning to Delhi on December 15 in a bus. While de-boarding at ISBT Kashmere Gate around 1.45 pm, she inadvertently left her purse on the bus seat, the police officer said.
After some time, she received a phone call from the bus operator informing her that the purse had been found in the vehicle. However, when the purse was handed back to her, she discovered that USD 1,600 in cash kept inside was missing," the officer added.
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Based on Dr Shah's statement, an FIR was registered at Kashmere Gate police station on December 16, and an investigation was taken up, police said.
During the investigation, the team questioned the driver and conductor of the bus in which the woman had travelled, police said.
During questioning, the conductor told police that Monish, the bus helper, found the purse lying abandoned on a seat and handed it over to him, police said.
Monish initially attempted to mislead the investigators, but later confessed to stealing the US dollars from the purse, police said
Following his disclosure, Monish was arrested on December 17 and recovered the entire stolen amount, police said.
The accused, Monish, 26, is a resident of Jahangirpuri in north Delhi.
He has studied up to Class 10 and has been working as a helper with the private bus service for the past year, they said.
