IMA chief releases video, offers to surrender

 Mohammed Mansoor Khan

Absconding Managing Director and CEO of I Monetary Advisory (IMA), Mohammed Mansoor Khan released a video on Sunday, offering to surrender before the police and co-operate with the investigation. He, however, said that he feared for his and his families life as the people behind the downfall of IMA would not spare him alive.

"Who was behind the collapse of IMA? Central level corruption and state level corruption tried to bankrupt me and they were successful," he claimed, adding that various methods were employed to harass IMA and extort money from the firm. "When I come before the (police) department and judiciary, I will reveal all these names. I am sure that these people will not spare me alive," he said.

Read more: Will offer protection to IMA chief: B'luru city police 

Mansoor had fled the country after allegedly cheating more than 30,000 people of their investments, following which multiple investigating agencies including the Enforcement Directorate launched a probe into the scam. Recently, a red-corner was sought by the Special Investigation Team, which is probing the case, from CBI to nab Khan. 
 

Sharing his phone number in the 18-minute video, he requested city police commissioner Alok Kumar to text him details of the person he could meet and surrender before returning to the country. Though he had gone to the Airport on June 14 to return to India, he claimed that he was off-boarded from the flight saying he couldn't leave.

Inside job

"Leaving the country was a mistake. But my own people - within the management and some politicians close to me - backstabbed and started harassing me. So, I was forced to hide my family. Whatever happened subsequently was in haste and was not planned," he said.

"When I left (Bengaluru), there was 120 kg of gold jewellery and 600 kgs of bullion with IMA. But, I have learnt that some things were moved on Friday night and suspect some directors and my brothers to be behind this," he said. He accused Nizamuddin, one of the directors, his cousin and another director Mohammed Wasim, constructor Khalid Ahmed and his son Fahad Ahmed of removing the contents from IMA's vaults for personal gain. "Nabid Ahmed, who caused financial irregularities is also involved. I had suspected these people three months ago and was waiting for my bailout," he said.

He said that he was returning back to "support the public. I will submit all the details before the investigating team and will assist in the investigation as per law. I will disclose everything," he said.

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