New Delhi: Mohammed Mansoor Khan, the main accused in the multi-crore IMA Ponzi scam was arrested by the Enforcement Directorate after he landed in New Delhi from Dubai at about 1:50 am today.
Mansoon Khan had released a video message on Monday, saying that he has booked air tickets and will return to India within 24 hours. Calling his decision to leave the country “a big mistake”, he sought protection of the police. He said he would return to Bengaluru because his health had deteriorated and he could not afford treatment in Dubai.
The Enforcement Directorate, which is currently questioning Mansoor Khan, had filed a case of money laundering against IMA Jewels and later summoned the businessman to appear before the central agency’s zonal office in Bengaluru on June 24. It had requested the Interpol to issue a Blue Corner Notice, used to locate suspects.
Mansoor Khan, owner of I Monetary Advisory (IMA), which provided investment options keeping with Islamic laws, fled India in June leaving thousands of investors in panic. All he left behind was an audio clip, threatening to commit suicide. In the audio clip, he also talked about officials accepting bribes worth Rs. 400 crore and the involvement of Congress legislator Roshan Baig, who has since denied the charge.
Mansoor Khan has maintained that his financial venture was no Ponzi scheme, and he would do everything in his power to ensure that the investors are compensated.
