Hundreds of people who had invested money in IMA thronged MLA Roshan Baig's residence. The owner of IMA, who is missing, had alleged that a "Shivajinagar MLA" had taken Rs 400 crore from him.
Bengaluru: Hundreds of investors gathered in front of Congress MLA Roshan Baig's residence in Bengaluru to protest the I Monetary Advisory (IMA) scam and demanded that their money be returned. IMA had collected Rs 2000 crore from people and functioned like a local bank. The owner of IMA, who is absconding, had recorded a video stating that a "Shivajinagar MLA" had taken Rs 400 crore from him." I am tired of bribing politicians and bureaucrats he had said in the video. Baig, the MLA from Shivajinagar, stated on Twitter that he had no association with IMA. However, upset investors were not convinced and thronged Baig's residence in protest.
