ED raids former ministers Roshan Baig, Zameer Ahmed Khan's premises in IMA scam


Bengaluru, Aug 5 (IANS): Sleuths of Enforcement Directorate on Thursday raided the houses and offices of Congress MLA from Chamarajpet B.Z. Zameer Ahmed Khan and former minister, R. Roshan Baig in Bengaluru in connection with their alleged involvement in multi-crore IMA ponzy scam.

Nearly 100 sleuths of the ED conducted raids on multiple locations owned by Khan and Baig.

Khan was a minister in JD(S)-BJP coalition government in 2006-2008 and now is a staunch supporter of Leader of Opposition, Siddaramaiah in the state. Whereas Baig was a minister in the Congress-JD(S) government but later he quit the party.


Roshan Baig (left) and Zameer Ahmed Khan

This is a first raid by the ED officials on the four-time legislator from Champarajepet Zameer Ahmed Khan's premises after his name cropped up in the scam in July 2019 and even he had mentioned in asset declarations form submitted to the Election Commission that he borrowed loan from IMA and its founder.

While Baig has been charge sheeted, arrested and even granted bail in the case by the CBI already, Khan was being questioned by multiple agencies, including the ED, for a property transaction with IMA founder Mohammed Mansoor Khan, but he has not been charged by any agency till date.

The Competent Authority in IMA and other scams of Karnataka on July 6 has already attached around 20 movable and immovable properties belonging to Baig, estimated to be worth over Rs 15 crore.

The search operations are underway at various premises connected with Baig, including his two residences in Shivajinagar, and at the Chamarajpet residence of Khan apart from offices of National Travels, a firm he owns, and other properties linked to him.

Sources revealed that in all the locations the officials informed the local police about the raids after which security was deployed in these areas.

The officials are verifying property documents, business transactions at National Travels and other commercial activities.

Khan is known to have sold one of his properties on Serpentine Road of Richmond Town, spread over 14,924 sq ft for Rs 9.38 crore to IMA founder Mohammed Mansoor Khan and this transaction was declared in his 2018 poll affidavit.

Though he had consistently denied any other links to the IMA and its founder since the controversy broke out and he was questioned by the Special Investigation Team (SIT) of Karnataka, the CBI and the ED in connection with the case.

Bengaluru headquartered I Monetary Advisory (IMA), an investment company founded by Mohammed Mansoor Khan, who is the main accused in the ponzy scam under the umbrella of the IMA Group, had diversified into other businesses including jewellery (with the name IMA Jewels a.k.a IMA Jewellers), real estate (IMA Builders and Developers founded in 2017), bullion trading (IMA Bullion and Trading in 2014, IMA Bullion in 2015 and IMA Gold), groceries (Mulberry Greens), pharmacy (Frontline Pharma), hospitals (Frontline Multispeciality Hospital), and allegedly duped over 45,000 people across Karnataka.

In his video message posted prior to being arrested by the ED officials in New Delhi in July 2019, he had specifically named Khan and Baig's name alleging that they were in connivance with him to commit a scam of such magnitude.

Prior to this high profile arrest, over 25,000 complaints were filed against the company and its founder, demanding that their money be returned.

 

 

 

 

  

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Comment on this article

  • Langoolacharya., Belman / Washington, DC.

    Thu, Aug 05 2021

    This is 'Kula Kasabu' of both CONgress and BJPeee in Karnataka now.... ...Tak...Takk...

    DisAgree [4] Agree [6] Reply Report Abuse

  • Langoolacharya., Belman / Washington, DC.

    Thu, Aug 05 2021

    Cynthi to open new political party in line with AAP....which is Corruption free....Symbol Rooster / Kori people...not Note Counting Machine People.... Vote for this party for Corruption less politics.... ...Tak...Takk...

    DisAgree [6] Agree [3] Reply Report Abuse

  • AJ, Mangalore

    Thu, Aug 05 2021

    summed up very well.. couldnt agree more....

    DisAgree [2] Agree [4] Reply Report Abuse

  • Sanjay, Hebri

    Thu, Aug 05 2021

    Surya..,.....illi nange chandra torstaiddare😂😂😂

    DisAgree [2] Agree [8] Reply Report Abuse

  • Mnx, Mangalore

    Thu, Aug 05 2021

    Well done ED .Good news early morning.

    DisAgree [10] Agree [23] Reply Report Abuse

  • Deepak, Mangalore

    Thu, Aug 05 2021

    Preparation for election. Ruling party in the state know very well that government will not run for month. Karnataka people wake up.....

    DisAgree [30] Agree [16] Reply Report Abuse

  • Stan, Bangalore

    Thu, Aug 05 2021

    It was well known when the IMA scam happened that both these politicians had close financial dealings with the main accused and run away owner of IMA...don't u think the vast number of people who have been cheated by IMA should get justice?

    DisAgree [2] Agree [34] Reply Report Abuse

  • Jeevan, Kudlaa

    Thu, Aug 05 2021

    only Prime minister in India who promised to bring back all black money from Swiss bank within 100 days he is Sriman Narendra Damodaradas Modi, any body has the guts?😂😁😍🤣

    DisAgree [22] Agree [14] Reply Report Abuse

  • Stan, Mangalore

    Thu, Aug 05 2021

    One thing for sure., He brought back the IMA owner from Dubai...also, in the process of bringing back nirav, Mallya, chowksi.. further, the Govt is now collecting more revenues at reduced rates as people are now insisting on doing business only with accounted money...

    DisAgree Agree [5] Reply Report Abuse

  • Jeevan, Kudlaa

    Thu, Aug 05 2021

    Even Nithin Gadkari has benami companies in his drivers name and office boys name without their knowledge and accumulated illegal wealth why ED is not raiding him? this is the big question mark for BJP controlled ED.

    DisAgree [20] Agree [19] Reply Report Abuse

  • Sanjay, Hebri

    Thu, Aug 05 2021

    Few pay tax

    DisAgree [4] Agree [10] Reply Report Abuse

  • Af,,,, Mangaluru

    Thu, Aug 05 2021

    This raid is target base, without CM or central hand IT and ED raids will not happned , What congress was silence when they are in power, why congress can not make IT and ED raids on bjp JDS political leaders who made hell lot of money , that time they adjust with them , now why cry .

    DisAgree [20] Agree [17] Reply Report Abuse

  • jagdish, mumbai

    Thu, Aug 05 2021

    Control Af Controll.....nanala mast undu.

    DisAgree [3] Agree [20] Reply Report Abuse

  • Jeevan, Kudlaa

    Thu, Aug 05 2021

    Tum Ko kyo mirchi laga ray..... Nikk Dala kelasa ejja

    DisAgree [7] Agree [12] Reply Report Abuse

  • Jeevan, Kudlaa

    Thu, Aug 05 2021

    This is trailer, picture abhi baki hai... ED ka next stop maa , beta & Varda ka ghar... maja ayega

    DisAgree [34] Agree [23] Reply Report Abuse

  • real kujuma, kodial

    Thu, Aug 05 2021

    it has been seven years since gaddadari chaiwala came to power..koi mai ke laal mein aisa dum nahin ki woh Vadra ya Gandhi family ko India mein touch karen..Congress zindabad

    DisAgree [36] Agree [21] Reply Report Abuse

  • Jeevan, Kudlaa

    Thu, Aug 05 2021

    I appreciate ED action. Dono bi congi ka bada choor hai.

    DisAgree [21] Agree [26] Reply Report Abuse

  • Haneef, Mangalore

    Thu, Aug 05 2021

    Every politician and industrialists in India are corrupt, if cases are handed over to some neutral country or china all will rot permanently in jail.

    DisAgree [18] Agree [16] Reply Report Abuse

  • Sanjay, Hebri

    Thu, Aug 05 2021

    If you go to china, don't go to uligar! 😀😀

    DisAgree [6] Agree [22] Reply Report Abuse

  • Bala, Kudla

    Thu, Aug 05 2021

    Poor chap Zamir may not know how much assets he have. Because it had folded may times.

    DisAgree [5] Agree [22] Reply Report Abuse

  • Jossey Saldanha, Thane

    Thu, Aug 05 2021

    Does ED have the Guts to raid Amit Shah & Jay Shah ...

    DisAgree [34] Agree [49] Reply Report Abuse

  • Sahil, Mangaluru

    Thu, Aug 05 2021

    Zameer bai aap ka. Wat lag gayi. 😂

    DisAgree [4] Agree [25] Reply Report Abuse

  • Babanna, Jeppu, Kudla

    Fri, Aug 06 2021

    Enko mirchi sahi jagah pe lagaaa.......

    DisAgree Agree [1] Reply Report Abuse

  • Jason Dias, Niddodi/Mangalore

    Thu, Aug 05 2021

    Bengaluru Police should provide adequate security to the ED sleuths, these perpetrators supporters might attack them with lethal weapons !!! we have seen such incidents in the past every time !!! if needed the security forces should open fire at the arsonist mob !!!

    DisAgree [17] Agree [38] Reply Report Abuse

  • Jeevan, Kudla

    Thu, Aug 05 2021

    BJP'S central machinery fully used by Amit Shah and Modi at all opposition be careful, Yeddy, Ravi Prasad Sharma many under scanners. ಪುರಾಲಾ ಎಂಕಲ್ನ ಕೈಟ್ ಉಂಡು , ಏರೆಗ್ಲಾ ಪನೋಡಚಿ ಅವೇ

    DisAgree [22] Agree [12] Reply Report Abuse

  • SB, Mlore

    Thu, Aug 05 2021

    It was really a surprise what took IT and ED so long to nab this 4 feet Yeddi's gate keeper standard crook. He was once tea boy of then Chamrajpet MLA Devaraj from Congress . Slowly used the caste card and shaked hands with Kumarswami who also wanted some hold on Muslim votes in Blore and set foot in congress's turf whcih was dominated by then leaders like Jaffer Sharif and Roshan Beig. Under congress rule, RTO had raided his National travels then and it was found he had busses all over india with only 1 registration. But after Kumarswami did a 20-20 agreement with Dharam Singh Govt to form govt, the authorities took eyes of him and this fellow dint turn back later. Under Dharam Singh's govt, with the blessing of Kumaraswami, this fellow grabbed almost all disputed properties in Blore. He dint even spare his own tribe by gobbling up Wakf Board properties. This fellow is the main kingpin of IMA scam who laundered the money to his investment in Casinos in Colombo and his benaaami business's in Dubai. He registered 30 acres of land for meagre sum from IMA for about 9 crores in the heart of the city and when asked questions answered its my wish on what amount to buy and sellers wish to sell. He survived all these while, thanks to blessings from his hajaam guru Siddaramiah. After Dkshi, this fellow the next biggest corrupt crook in Karnataka Congress.

    DisAgree [17] Agree [43] Reply Report Abuse

  • Surendra Poojari, Mangalore

    Thu, Aug 05 2021

    SB very good analysis. But why Reddy's, Ramulu, Yeddy's and other BJP MLA's or MP's who have got ill gotten wealth are not being raided??? Raid should be done on all irrespective of political affiliations. Our own Cement Kalla now a minister...Egg Kalli is also minister in BJP government.

    DisAgree [19] Agree [40] Reply Report Abuse

  • SB, Mlore

    Thu, Aug 05 2021

    Its all politics brother. The ruling party targets the opposition. This is how it has been. Raddy has already paid for his crime to some extent if not full when congress was in Power, even Yeddi. Tomorrow if congress is in power, they might or might not target this Jolle, Jarkiholi, Yeddois or Reddies. Then are some salient unspoken, unwritten agreements or understandings with political parties on whom to touch, how much to touch, how much to not touch. 95 % of politicians are corrupt and crooks in this country irrespective of party. Otherwise we wont see people like Sharad pawar, Lalu's etc calling shots on central politics. I am assuming AAP is little bit better, but even they have become opportunist now that even if they wont b corrupt they dont mind joining hands with the corrput people for politician gains. Cant blame them. Badal & brothers, Yeddi & sons, Dkshi & brothers, HDd & his generations, Sharad pawarr clan, Lalu clan, these are only few known faces of corrupt clans. There are thousands of their followers , some more powerful than them in their turfs through their ill gotten wealth and power. Even this Zameer khan also will come out of ED clutches in few days, with permission of course, he will blame Modi or BJP and give a caste color to this raid saying that he is targeted because he is a Muslim. It will work both for him/congress and BJP. For namesake ED might confiscate some properties and keep feeding some news to TRP hungry medias that they are doing some work . Life & Struggles of hard working middles class will never end whoever comes to power. We can only fight Hindu Muslim Congress BJP.

    DisAgree [7] Agree [36] Reply Report Abuse

  • Jeevan, Kudla

    Thu, Aug 05 2021

    they got clean chit from BJP high-command before court order, only Lallu Prasad like politicians are inside jail.

    DisAgree [12] Agree [14] Reply Report Abuse


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Title: ED raids former ministers Roshan Baig, Zameer Ahmed Khan's premises in IMA scam



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