Mansoor Khan complains of chest pain but refuses treatment

Mansoor Khan, the prime accused in the multi-crore IMA Ponzi scam, was admitted to a hospital after he complained of chest pain on Monday. According to reports, the officials of the  Enforcement Directorate (ED) had taken him to Victoria Hospital after he complained of uneasiness in his chest, but he was cleared by the doctors there.

He was then taken to the Sri Jayadeva Institute of Cardiovascular Sciences and Research for a detailed check-up, but Mansoor Khan refused to get admitted, after which he was taken to the ED office.

However, he again complained of chest pain, following which the sleuths took him to cardiac care unit (CCU) of PMSSY Super-Speciality Hospital on the Victoria Hospital campus, where he once again refused to undergo an angiogram as prescribed by doctors.

“While he is stable now, an angiogram is required to diagnose if he has any underlying blockages. However, he is adamant that he does not want the procedure. We will wait until 10 am on Tuesday. If he still does not to get it done, we will discharge him by 11 am,” PMSSY Special Officer PG Girsh told .

It may be recalled a few days before Mansoor Khan returned to India, he had stated in a video that he had a few blocks in his heart and was coming back for further treatment.

Mansoor, who has been absconding since June, returned to India on Friday and the ED was granted three days custody by a Bengaluru court. However, with considering the delays by Mansoor, the ED might seek more time.

Mansoor has been accused of running a ‘halal’ Ponzi scheme – where the money is diverted from new investors to older investors – in the name of I Monetary Advisory (IMA). He fled India around June 13, when the scam surfaced. He has been accused of cheating 40,000 investors to the tune of Rs 2,000 crore.

According to Islam, earning from interests are considered “haram”, so they don’t invest in fixed deposits or other investment instruments.

ED to produce Mansoor Khan in court to extend judicial custody

The Enforcement Directorate (ED) will produce prime accused in the multi-crore IMA ponzi scam, Mansoor Khan, in court on Tuesday to extend his judicial custody further.

His medical test was done on Monday at Victoria Hospital, Bengaluru.


Earlier on Sunday Khan was taken to Sri Jayadeva Institute of Cardiovascular Sciences for a check-up after he complained of chest pain and palpitations.

According to Director of the institute, CN Manjunath, anxiety and stress could be the reason behind the deterioration in his health.

On Saturday, a special Prevention of Money Laundering Act (PMLA) court sent Khan to ED custody till July 23.

Khan was arrested and questioned after he landed at New Delhi airport from Dubai in the early hours of Friday.

The owner and founder of I Monetary Advisory (IMA) travelled from Dubai to New Delhi after the SIT located and persuaded him to come to India and submit before the law. Khan had last month fled the country after several complaints were registered against him in connection with the scam. Later, he released a video expressing his desire to come back to the country and participate in the investigation.

A 11-member Special Investigation Team (SIT) headed by DIG B R Ravikanthe Gowda is probing the alleged fraud by the firm. Both the ED and SIT had issued lookout notice against Khan.

The IMA Jewels is embroiled in a case where the firm had allegedly cheated a large number of investors after promising them impressive returns on their deposits.

Khan is facing investigation for allegedly duping 40,000 investors especially Muslims in the state. He had claimed that he gave Rs 400 crore to Congress leader Roshan Baig which he was not returning.


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