Bengaluru: An IAS officer, whom the CBI wanted to prosecute in the Rs 4,000-crore IMA ponzi scam, was found dead at his residence on Tuesday night, a senior police officer said.
According to police, the former deputy commissioner of Bengaluru urban district B M Vijay Shankar was found dead at his residence at Jayanagar here.
“It is true that he was found dead at his residence,” the officer told PTI, without elaborating.
Vijay Shankar was accused of allegedly accepting a bribe to hush up the IMA ponzi scheme.
He was arrested by the Special Investigation Team (SIT) formed by the H D Kumaraswamy-led coalition government in 2019.
Later, when the BJP government came to power in the state, it handed over the case to the CBI.
Recently, the CBI sought state government’s permission to prosecute Shankar, along with two others, in connection with the case after interrogating them, the agency sources had told PTI.
The agency has also sought state government’s permission to prosecute two senior IPS officers in connection with the case.
Promising high returns, Mohammad Mansoor Khan started the ponzi scheme in 2013.
A CBI probe had shown that IMA group entities headed by Khan had raised illegal and unauthorised deposits in an alleged dishonest and fraudulent manner from innocent investors to the tune of over Rs 4,000 crore, raising the eyebrows of the income tax department and the RBI.
The apex bank had written to the state government to probe the functioning of the IMA.
Subsequently, the government asked Vijay Shankar to submit a report on IMA.
Vijay Shankar assigned the task of preparing the report to the assistant commissioner of Bengaluru district L C Nagaraj.
It is alleged that Vijay Shankar and Nagaraj took Rs 1.5 crore through a village accountant Manjunath to hush up the alleged wrongdoings of Khan.
The case came to light when Khan fled to Dubai leaving behind a video message saying he was committing suicide because of “corruption in the state and central governments.”
Khan was arrested on July 19 last year on his arrival in New Delhi.
Along with him, seven directors of the IMA, a corporator, and a few others were arrested by the SIT.
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This late DC revenue Bangalore Urban Vijaya Shankar was NOT PROPERTY VETTED TO be promoted from KAS to IAS POsition GREED WHICH KILLED HIM. HE WAS INVOLVed with IMA Ponzi scamer MazoOD kHAN .He was also involved with a Big BUilder from the same community and area trying to grab a property next to BUILDER BOugain villae Estate in Pattandur Agrahara VIllage survey number 58/2 and 59 in PA village in Whitefield under BBMP MAHADEVPURA. for last 10 years this “DISHONEST BUILDER ” had blocked the access road to this property which the owner a doctor has been trying to built a Hospital. THe builder by hook or by crook is hell bent in grabbing this property about 2 acres .the SANCTion approval file to clear BUILDER PROJECT has been delibrately removed from the BBMP JOInt Commissioner Office builder paid a bribe to BBMP OFFCIAL ADTP IN BBMP MAHADEVPURA to remove this file which contains not only the sanction approval of his Bougain villae estate but the RELINQUETMENT DEED WHich the Original owner had given BBMP/BDA /CMC MAHAdevpura. DEspite the CM INTERVENTION THIS FILE IS NOT TRACEBLE FILE NUMBER IS LP 100/2006-07 dated 5.6.2006 . THIS REVENUE DC WAS ALso involved with this Billionaire Builder is a third party revenue case .THe DC WAS approached by this builder to give a decision against the current owner Here again the Case file was removed by the Builder Man . .The DC Was arrested in the IMA PONZI SCAM .Which saved the owner from losing the case. The DC Demanded 4 crores from both parties .ITS exactly the way this builder grabbed the “SAINT JOHN WOOD” LAND VIA REVENUE OFFICIALS in KORAMANGALA OVER 20 years ago. BUILDER is been fed by Grabbed properties through middle men . The Crooked builder was willing to pay a huge bribe to DC to brab a property over 50 crores ., THE DC MONEy bribe he collected from several victims and 4000 crores from IMA POnzi scan is circulation via HAWALA With this builder building scam. the REST HE transfered via HAWALA to DUBAI FOR SAFE KEEPING> BREAK THE MAZOOD BACK > THE DC WOULD hve disclosed his money was in safe keeping with this BILLIONAIRE BUILDER >JAI HIND