India: IMA scam: IAS officer held on graft charges
Bengaluru, Jul 8 (PTI) The special investigation team probing the IMA group ponzi scam Monday arrested the deputy commissioner of Bengauru urban district B M Vijay Shankar on charges of receiving Rs 1.5 crore from company founder Mohammed Mansoor Khan, police said.
The IAS officer had allegedly taken the bribe to give a favourable report after the RBI asked the state government to probe the companys businesses, they said.
With this, the number of people arrested by the SIT has gone up to five.
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