Telgi sentenced to seven years RI, fined Rs 1.3 crore

Ankur Garg (Company Secretary and Compliance Officer)   (114773 Points)

12 June 2009  

Friday 12 June, 2009.


Telgi sentenced to seven years RI, fined Rs 1.3 crore

A Delhi court on Thurday sentenced fake stamp papers scam kingpin Abdul Karim Telgi to seven years rigorous imprisonment and imposed a total fine of Rs 1.30 crore in three separate cases.

 

Additional Chief Metropolitan Magistrate Sanjay Bansal pronounced the sentence against Telgi and other accused who were produced before the court through the video conferencing.
Telgi, who is lodged at
In a case registered with Hauz Khas police station in New Delhi in January, 2001, relating to recovery of fake stamp papers with face value of Rs 211 crore, the court awarded eight cnvicts Sohail Khan, Peter, Mansoor, Mohsin, Mohd Asif, Tabrej, Pramod and Shekhar five years prison term and slapped fine of Rs five lakh on each.
Besides Telgi, another convict Deepak Kudale was also sentenced with seven years prison term in the case.
In another case registered with Daryaganj police station following the recovery of fake stamp papers with face value of Rs 2.5 crore in August 2001, the court sentenced Mansoor Ahmed, Sohail Khan, Pramod Mahadev, Laxman Maruti, Khatan Mohd Saha and Deepak Kudale, besides Telgi to five years prison term and imposed fine of Rs five lakh fine on each.

The court handed down five years imprisonment and a fine of Rs five lakh each to accused Vijay D Patil, Sohail Khan, Laxman Maruti and Sachin Kalge in the case registered with Defence Colony police station with regard to recovery of fake stamp papers with the face value of Rs 2.57 lakh in March 1999.

All the convicts who were sentenced to the prison term had earlier admitted their guilt in the three cases during the hearings before the court from

Two convicts Parmod and Shekhar were produced in the court from Tihar jail.
Bangalore and Pune Jails.Bangalore jail, had pleaded guilty during the previous hearings in April and May this year in the cases registered with different police stations in the capital following recovery of fake stamp papers with face value of over Rs 213 crore.