IPS officer Ajay Hillori on Saturday appeared before the Special Investigation Team probing the multi-crore I Monetary Advisory ponzi scheme scam. Former Bengaluru DCP East Ajay Hillori and ACP Ramesh Kumar have been accused of helping IMA founder Mansoor Khan get a clean chit. The SIT has been probing senior police officers in Bengaluru for allegedly helping Mansoor Khan when his company had come under the RBI’s scanner.
Earlier this week, the SIT probing the case searched the office of Inspector General of Police, Criminal Investigation Department and Economic Offences. The SIT’s search operation was conducted to obtain evidence against the current Inspector General of Police of Anti-Corruption Bureau, Hemanth Nimbalkar. His previous office in CID headquarters was searched as he had served as the IGP of CID’s Economic Offences Wing when Mansoor Khan was given a clean chit.
SIT sources had told that Hemanth was allegedly heading the probe into the functioning of IMA run by Mohammed Mansoor Khan, after the state police had asked the CID to look into the matter following a notice it had received about IMA’s alleged illegal dealings from the RBI.
In the search operation, SIT sources had told that they have recovered allegedly tampered documents pertaining to the CID’s investigation into IMA. SIT is also on the lookout for CID DySP Shridhar, who was also part of the investigation team looking into IMA.
The SIT source added that several bureaucrats and politicians too are suspected to be involved and that Mansoor Khan has confessed to the Enforcement Directorate about certain political links, which the SIT will be questioning him about.
Meanwhile, on Thursday, Mansoor Khan was remanded to 14-day judicial custody by a Bengaluru court. Khan has been accused of duping thousands of people to the tune of Rs 2,000 crore in the IMA ponzi scheme scam.