Telgi given 48 hours to decide on confession
Mumbai:
The main accused in the fake stamp paper scam of 1995, Abul Karim
Telgi who was produced before the local court on Saturday, was remanded
in judicial custody for 48 hours to decide on his confession. Telgi was
produced before the Chief Judicial Magistrate D W Modak, who said in his
order that Telgi will be kept in magisterial custody during the period
and then produced before the court on Monday. Special Central Bureau of
Investigation (CBI) judge U D Salvi on February 31 had directed a Magistrate
in Pune to record his confession statement after other accused in the
case said that they had no objection to the same. Last week, Telgi had
expressed the desire to confess through video conferencing, saying he
would like to tell the court about his alleged role in the cases against
him and others lodged by the Cuffe Parade and Colaba police stations in
1995. The court said in these two cases, the trial had already begun and
hence, Telgi could not be permitted to confess at this stage. But it had
allowed his confession in another case registered by Mumbai CID. Earlier
this month, a Special Court had convicted Telgi and his associates, Sanjay
Gaikawad and Ramratan Soni, and sentenced them to 10-years imprisonment
along with Rs. 50,000 fine to each in connection with a case of selling
fake stamps worth Rs.17 lakh in 1995. Telgi had urged the court to show
leniency as he was suffering from HIV/AIDS and his wife was admitted to
hospital. The trio were charged with IPC sections 255 (counterfeiting
government stamps), 256 (possessing material for counterfeiting stamps),
258 (selling counterfeit stamps) 259 (possessing counterfeit stamps),
420 (cheating) read with 511 (punishment for counterfeiting) and 120-b
IPC (conspiracy) read with all these sections. Besides, they were also
charged with sections 63 A and 63 B of Bombay Stamp Act. The multi-crore
scam involving the printing and selling of counterfeit stamp paper across
seven States was an example of the nexus between politicians, senior police
officials and other Government servants. Telgi had purchased the second-hand
printing equipment from the India Security Press (ISP) in Nashik for printing
the fake stamp paper.
- Feb 3, 2006
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