“We are surprised that the State Government has not taken a decision for two months,” the court said.
The IMA had raised illegal funds of around Rs 4000 crore through unauthorised deposits from around one lakh gullible investors, said the CBI
His advocate had contended that Baig’s name was not mentioned in the FIR, chargesheet or the supplementary chargesheet.
Jailed former Congress MLA R Roshan Baig has been remanded in CBI custody for a few hours on Wednesday, said placed sources.
On special diet; CBI may again seek remand of the former minister from the court
According to sources in the CBI, Baig was rushed to the Jayadeva hospital after he developed health-related complications on Thursday evening.
The CBI had obtained Baig’s custody to question him in front of jailed founder of IMA Mohammed Mansoor Khan, who is also currently in CBI custody, said sources.
Baig was summoned by the CBI on Sunday on alleged “material evidence” against him and grilled for several hours after which the CBI arrested him
The letter said that though technically, the lease deed had expired, as per mutual understanding with Baig, IMA continued to use the premises.
Baig is lodged at the quarantine centre at the prison. He will be there for 14 days and he will be moved to regular barracks later.