Congress MLA Zameer Ahmed Khan said on Friday that the Enforcement Directorate (ED) conducted searches at his residence to get details about his house, including its cost, claiming that the action was not related to the ₹4000-crore IMA Ponzi scam.
ED searched Khan’s house on Thursday that continued for hours, fuelling speculations that it could be related to his alleged role in the IMA scandal. The ₹4,000-crore scam pertains to money collected by IMA Group from over 100,000 investors in the name of providing attractive returns on investments.
“At around 7.30-8 am (Thursday) ED officials came. They had come in connection with getting information about my house. They asked as to when the land was purchased, when the house was constructed and account for it. I have given all the information to them. I told them that white money has been used for construction of the house,” Khan told reporters in Bengaluru.
The MLA from Chamrajapet in Bengaluru…