No need to go to Bengaluru, file plaints at nearest stations, Mysuru city commissioner tells IMA jewels investors

MYSURU: It has been more than 48 hours since thousands of people who had invested in I Monetary Advisory (IMA) Jewels, Bengaluru learnt about the uncertain fate of the huge sums of money – in many cases, the entirety of their savings – they had invested in the company. However, the dust, it would seem, far from settling, is only rising ion a whirligig of accusations, and sordid revelations. Tremors of panic, originating from their epicentre in Shivajinagar, Bengaluru, have travelled across the state, jolting many people, who unsuspectingly reposed their wealth, and their faith, in IMA, to witlessness.
Against the backdrop of the state government constituting a special investigation team, city police, taking note of the fact that many investors of the scam are residents of Mysuru, have asked the affected parties to file complaints at those stations nearest to them. A note released to the media by the Mysuru city police commissioner KT Balakrishna read: “It has come to our notice that many investors are heading to Bengaluru to lodge their complaint. But, this is not necessary. We have taken necessary action to save them the trouble of going all the way to the state capital. Investors in Mysuru can approach the nearest police station and lodge the complaint.”
Eshwarappa demands probe by CBI
In Shivamogga, senior BJP leader and former deputy chief minister KS Eshwarappa on Wednesday urged the JD(S)-Congress coalition government to hand over the probe into the IMA Jewels scam to the Central Bureau of Investigation (CBI). Eshwarappa’s statements come a day after the HD Kumaraswamy-led government ordered the formation of a SIT, comprising officials from CID and other branches in the police force, to investigate the case.
“The company has been accused of duping all its investors of Rs 500 crore. When such a huge sum is involved, the case must be handed to the CBI. But the government is feigning helplessness. People in the lower wrungs of society have been brought to the streets. Some of them have despaired to the extent that they are contemplating suicide. The government appears not to be concerned about the welfare of the public. Are those in the government blind to their problems?” asked Eshwarappa, claiming that this was one of the biggest Ponzi schemes.