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IMA Ponzi case: CBI quizzes senior IPS officers in K'taka

IMA Ponzi case: CBI quizzes senior IPS officers in Ktaka

New Delhi: The Central Bureau of Investigation has recently questioned two senior IPS officers in connection with the multicrore I Monetary Advisory Ponzi scheme case in Karnataka.

Officials here said that IG-rank, 1998-batch Karnataka cadre IPS, Hemant Nimbalkar and 2008-batch IPS, Ajay Hilori were both questioned by agency officials recently in the case, which is pegged to be around Rs 4,000 crore, as per estimates of the Enforcement Directorate, which is also running a parallel money-laundering probe in the case. Interestingly, when Nimbalkar was posted as the head of state CID, the police had directed his department to probe IMA and its chief Mansoor Khan, on the basis of a complaint from the Reserve Bank of India.

Nimbalkar had given the company and its chief a clean chit in the case and just as the Karnataka SIT was probing the case earlier this year, the IPS officer was transferred as the chief of Bengaluru's Anti Corruption Bureau. His wife, Anjali Nimbalkar is a Congress MLA in the state who was reportedly considering joining the rebel MLAs during the recent state government shift. She, however, did not do so.

On the other hand, Hilori was another one of the officers who was charged with probing allegations of irregularities against IMA when he was Deputy Commissioner of Police (East), putting the case under his jurisdiction. He was previously also questioned by the SIT which was earlier probing the Ponzi scheme.Hilori is currently the commandant of the 1st Batallion of the Karnataka State Reserve Police.

Earlier in the case, the CBI had also questioned senior IAS officer Rajkumar Khatri, the Karnataka revenue secretary, in connection with the case and also spoke to former Karnataka minister Zameer Ahmed Khan.

The case was transferred to the CBI after the Congress-JD(S) government was toppled in the state and replaced by the BS Yeddiyurappa-led govt.

Team MP

Team MP

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