November 23, 2020 8:31 AM

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Karnataka: Former minister Roshan Baig sent to judicial custody for 14 days in IMA scam case

<span style="color: #222222;">In Karnataka, former minister Roshan Baig has been remanded to judicial custody for 14 days in connection with I Monetary Advisory (IMA) scam.</span><br />'' <span style="color: #222222;"><br />''He was arrested by CBI and produced before the designated Judge who remanded him to Judicial custody.</span><br />'' <span style="color: #222222;"><br />''Roshan Baig is accused in the multi-crore ponzi scheme run by IMA which allegedly duped lakhs of people by promising them higher returns.</span><br />'' <span style="color: #222222;"><br />''IMA jewels chief Mohammed Mansoor Khan had in an audio tape alleged that Baig had accepted Rs. 400 crore from him before the Assembly election and had not returned it.</span><br />'' <span style="color: #222222;"><br />''Khan had appealed to the authorities to recover the amount from Baig for repaying the IMA depositors.</span><br />'' <span style="color: #222222;"><br />''CBI has filed a chargesheet against 28 accused including Mansoor Khan.</span><br />'' <span style="color: #222222;"><br />''An accused arrested in the case, IAS officer B M Vijay Shankar had committed suicide in June.</span><br />

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