Bengaluru: IMA scam - SIT recovers Rs 4.5 crore cash

Daijiworld Media Network – Bengaluru

Bengaluru, Jul 13: The Special Investigation Team, which has been probing the I Monetary Advisory (IMA) scam, recovered Rs 4.5 crore in separate raids on Friday, July 12.

Of the amount, Rs 1.5 crore was recovered from a builder, who was allegedly paid by IAS officer B M Vijay Shankar for the purchase of a flat and site.

Apart from this, SIT earlier recovered Rs 1 crore earlier, which was received as bribe by Vijay Shankar in a separate case.

The seized money, along with a special report, will be handed over to the Anti-Corruption Bureau for further investigation.

The SIT has also arrested two persons in connection with the case for allegedly forging documents pertaining to an apartment owned by the IMA group.

The accused persons are Muneer alias Gun Muneer and Brigade Babu.

According to SIT, the duo had trespassed the apartment by using the forged documents and were arrested based on a complaint filed by police inspector Shekar.

Rs 1.5 crore recovered

Meanwhile, SIT also recovered Rs 1.5 crore from Adonai group, which had entered into an agreement with the IMA group to construct a skywalk in Bengaluru city.

The amount was paid in advance for the construction of the skywalk.