IMA scam: SIT arrests social activist Umar Shariff for promoting Mansoor Khan

News Network
July 18, 2019

Bengaluru, Jul 18: The Special Investigation Team on Thursday arrested a seasonal social activist propagating for I Monetary Advisory (IMA) Jewels and its founder Mansoor Khan who is accused of perpetrating financial fraud worth crores.

“The arrested identified as 42-year-old running Umar Shariff ran a school by name “Al Basheer” off Bannerghatta Road. He is a social activist and educationist,” said S Girish, DCP (Crime).

Shariff took Rs 60 lakh in cash and an Ashok Leyland van worth Rs 15 lakh allegedly in exchange for propagating for IMA and Mansoor Khan, Girish said.

SIT has sent Shariff to police custody till July 22.

On July 15, Khan had released a video contending that he would come back to India within 24 hours.

“I am not keeping well. I need to get a cardiac operation immediately. There are three blockages that have to be operated upon. The major problem is that I cannot afford the medical expenditure here. With the blessings of Allah, I will come to India in another 24 hours on my own will. I have all trust in the Indian judiciary,” said Khan in the video.

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

Khan, promoter of IMA Jewels and prime accused in Ponzi scheme case, is under investigation for duping 40,000 investors in the state. He had claimed that he paid Rs 400 crore to Congress’ Roshan Baig which the latter was not returning.

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News Network
January 17,2025

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Mangaluru, Jan 17: A heart-wrenching accident at Nadupadavu near Kattukodi on the outskirts of the city claimed the life of a young scooter rider this morning. 

The victim, identified as Abubakar Siddiq Razwi (22), son of Moydeen Kunji Bavu and a resident of Nadupadavu, tragically succumbed to his injuries on the spot.

The accident occurred when a scooter traveling from Deralakatte collided with an Ace Tempo heading from Mudipu to Thokkottu.

Abubakar, a final-year student at an Arabic Shariah College in Kasargod, leaves behind a community in mourning. The tempo driver also sustained injuries in the collision.

The Mangaluru South Traffic Police have registered a case and are conducting an investigation into the incident.

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News Network
January 22,2025

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Bollywood actor Saif Ali Khan and his family are facing the possibility of losing control over their ancestral properties in Bhopal, reportedly valued at Rs 15,000 crore. This development follows the Madhya Pradesh High Court’s recent decision to lift a stay imposed on these assets in 2015, potentially paving the way for their acquisition under the Enemy Property Act, 1968.

Properties Under Scrutiny

The properties in question include prominent landmarks such as:

Flag Staff House, where Saif Ali Khan spent much of his childhood

Noor-Us-Sabah Palace

Dar-Us-Salam

Bungalow of Habibi

Ahmedabad Palace

Kohefiza Property

Legal Background

Justice Vivek Agarwal’s ruling emphasized that the amended Enemy Property Act, 2017, provides a statutory mechanism for resolving disputes. The court noted, “If a representation is filed within 30 days from today, the appellate authority shall not advert to the aspect of limitation and shall deal with the appeal on its own merits.”

The Enemy Property Act enables the central government to claim properties belonging to individuals who migrated to Pakistan after Partition. In this case, the focus lies on the migration of Abida Sultan, the eldest daughter of Hamidullah Khan, the last ruling Nawab of the princely state of Bhopal, to Pakistan in 1950. While Sajida Sultan, Hamidullah Khan’s second daughter, stayed in India and became the legal heir, the government has argued that Abida Sultan’s migration classifies the properties as "enemy property."

Saif Ali Khan, Sajida Sultan’s grandson, inherited a portion of these assets. Although the court recognized Sajida Sultan as the legal heir in 2019, the latest ruling has reignited the family’s decades-long property dispute.

Government Action

Bhopal Collector Kaushalendra Vikram Singh has announced plans to review ownership records spanning the past 72 years. He also stated that individuals residing on the disputed properties may be classified as tenants under the state’s leasing laws. This decision has caused widespread anxiety among the estimated 1.5 lakh residents in the area, many of whom fear eviction.

Historical and Cultural Significance

These properties, deeply tied to the history of the princely state of Bhopal, have served as landmarks of cultural heritage. The potential government acquisition and the legal battles surrounding them highlight the complex interplay between history, law, and inheritance.

The next steps will depend on how the appellate authority addresses the family’s representation, as well as the government’s ongoing review of ownership records.

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News Network
January 13,2025

Mangaluru: Non-Resident Indians (NRIs) in Singapore remain determined to establish direct air connectivity between Mangaluru and Singapore despite setbacks. This follows Air India Express' (AIE) recent decision to postpone its planned direct flight service on this route, disappointing many expats.

In response, NRIs have proposed an alternative solution: extending IndiGo's existing Singapore-Bengaluru flight to Mangaluru. Currently, the Singapore-Bengaluru flight lands at Kempegowda International Airport at 7:40 AM, but passengers cannot board the 9:00 AM Bengaluru-Mangaluru connection due to insufficient transit time. Extending the Singapore-Bengaluru flight to Mangaluru would address this issue and benefit travelers.

Rajesh H. Acharya, director of HQ Connections in Singapore and coordinator of the Singapore Tuluver community, expressed disappointment over AIE's handling of the situation. "We’ve been advocating for this route since 2017, and it was close to becoming a reality. However, the sudden postponement and lack of stakeholder support have delayed our efforts," he said.

A petition has been submitted to IndiGo Airlines requesting the introduction of a direct Mangaluru-Singapore flight. Alternatively, it suggests extending IndiGo’s existing Singapore-Bengaluru flight to include Mangaluru. Expats have also approached Scoot Airlines in Singapore for direct connectivity. However, the lack of 'Point of Call' status for Mangaluru Airport remains a significant hurdle for international flights.

Despite the challenges, NRIs continue their efforts to make direct air connectivity between Mangaluru and Singapore a reality.

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