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Abdul Karim Telgi, kingpin of the multi-crore fake stamp paper scam, dies

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Abdul Karim Telgi

[vc_row][vc_column][vc_column_text]Telgi was sentenced to 30 years rigorous imprisonment in 2006 and slapped with a fine of Rs202 crore, he had been lodged in a Bengaluru prison for the past 16 years

Abdul Karim Telgi, kingpin of the multi-crore fake stamp paper scam that made international headline nearly two decades ago, died of multiple organ failure at a government hospital in Bengaluru on Thursday.

According to a report by news agency PTI, the 56-year-old Telgi died around 3.55pm at Bengaluru’s Victoria Hospital, where he had been admitted with meningitis a few days ago.

According to the doctors, the high-profile convict was on ventilator and life support after he suffered a multiple organ failure.

Telgi was sentenced to 30 years rigorous imprisonment in 2006, besides being slapped with a whopping fine of Rs202 crore. He had been lodged in the Parapana Agrahara central jail in Bengaluru for the last 16 years.

The fake stamp-paper scam kingpin was arrested in Ajmer in November 2001 in connection with the fraud that was estimated to be worth several crore of rupees. Between 1992 and 2002, investigative agencies had filed a total of 12 cases against Telgi relating to counterfeit stamps in Maharashtra alone. As many as 15 cases on similar charges had been filed against him in other parts of the country and it was believed that his fake stamp paper racket extended across a dozen Indian states.

Son of a Class 4 railways employee, Abdul Karim Telgi, was first arrested in 1991 by Mumbai Police for cheating. However, the years that followed saw a meteoric rise in his social, criminal and financial profile.

According to reports published by various media organisations when Telgi was arrested and later convicted in the scam, he had acquired a stamp paper licence in 1994 and, apparently through his political connections cutting across party lines, had procured machinery from Nashik Security Press which had been declared as ‘junk’.

Telgi and his aides made use of equipment discarded by the India Security Press (ISP) at Nashik and were able to get the assistance of technical personnel, both serving and retired, of the ISP. In a short span of time, Telgi and his henchmen obtained raw materials, such as specialty paper needed for printing the stamp papers, from sources that supplied the ISP and affixed the same security marks as used by the Security Press. Over the next few months Telgi started printing counterfeit stamp papers, judicial court fee stamps, non-judicial stamps, revenue stamps, special adhesive stamps, notarial stamps, foreign bills, brokers notes, insurance policies, share transfer certificates and insurance agency stamps.

According to reports in the Financial Express, Telgi used to sell these fake stamps to bulk purchasers, including banks, insurance companies, and stock brokerage firms. He had appointed as many as 350 people as agents who sold his counterfeit stamps and other documents to bulk purchasers.

Though Telgi had been convicted in the fake stamp paper case over a decade ago, the exact monetary estimate of the scam that he had managed to pull off is not known till date. The initial value of the fraud had been estimated to be around Rs 2000 crore. In the years that followed after his con was exposed and investigated, this estimate rose to a whopping Rs 26000 crore. Some investigators have even pegged the scam to be worth Rs 32000 crore.[/vc_column_text][/vc_column][/vc_row]

India News

LPU students protest over reported rape allegation, police call it rumour

Students at Lovely Professional University protested over a reported rape allegation involving a worker, with police describing the claim as a rumour.

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Students of Lovely Professional University (LPU) in Punjab staged a protest after an allegation involving the reported rape of a student by a worker at the university surfaced.

The protest led to disruption around the university, with students taking to the streets and blocking the Jalandhar-Phagwara National Highway, according to the report.

The allegation triggered anger among students, who demanded action over the reported incident.

Police describe rape claim as rumour

Police, however, described the rape claim as a rumour, indicating that the allegation had not been established as a confirmed incident.

The distinction is important because the reported sexual assault allegation should not be treated as a confirmed rape unless investigators or other authoritative sources establish that fact.

The protests nevertheless continued as students sought clarity and action over the issue.

Protest disrupts traffic

The student demonstration also affected traffic on the Jalandhar-Phagwara National Highway. The protest brought attention to the allegations and the concerns being raised by students at the university.

With police calling the claim a rumour, further verification and investigation would be necessary to establish what actually happened.

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India News

INDIA bloc likely to meet on September 30 over Gyanesh Kumar row

INDIA bloc parties are likely to meet in New Delhi on September 30 amid growing opposition to Chief Election Commissioner Gyanesh Kumar and the Special Intensive Revision of electoral rolls.

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Rahul-Gandhi

Opposition parties belonging to the INDIA bloc are set to meet in New Delhi on September 30 to discuss concerns surrounding the Election Commission, the Special Intensive Revision (SIR) of electoral rolls and a proposed removal motion against Chief Election Commissioner Gyanesh Kumar.

The proposed meeting comes amid growing coordination among opposition parties over the functioning of the poll panel and demands for action against Chief Election Commissioner Gyanesh Kumar. The parties are also discussing a possible joint response to the developments.

Why is the INDIA bloc meeting being planned?

The INDIA bloc meeting on September 30 comes amid reports of objections within the Election Commission over certain decisions and orders related to the SIR exercise. 

According to the report, Opposition leaders have been discussing a coordinated response to their concerns over the Election Commission and the electoral-roll revision process. 

The issue is also expected to be discussed at the Congress Working Committee meeting scheduled for September 29, a day before the proposed INDIA bloc meeting.

Gyanesh Kumar removal demand in focus

The demand for the removal of Chief Election Commissioner Gyanesh Kumar has become a major point of contention between the Opposition and the Election Commission.

The CPI(M), CPI and CPI(ML)-Liberation have demanded Kumar’s removal and an immediate halt to the SIR exercise. Congress has also intensified its criticism of the CEC.

Opposition parties are also working on a fresh removal motion against Gyanesh Kumar. The September 30 meeting is expected to finalise the strategy for the motion, including the collection of signatures. According to the report, this would be the Opposition’s third such attempt. 

What is the SIR controversy?

The political dispute is linked to the Special Intensive Revision of electoral rolls, or SIR.

The controversy intensified following a report that Election Commissioners Sukhbir Singh Sandhu and Vivek Joshi had recorded objections on several occasions concerning decisions and orders related to the SIR process.

The Election Commission has said that differing views and observations are part of normal deliberations in a multi-member constitutional body. The poll panel has also maintained that its orders have legal sanction and follow statutory procedures, while stating that the final decisions on the SIR were taken unanimously. 

TMC and Left parties coordinate over the issue

The developments have also brought the Trinamool Congress and the CPI(M) together on the Election Commission issue, despite their political differences in West Bengal.

CPI(M) general secretary M A Baby proposed an immediate meeting to discuss a joint strategy. According to the report, Mamata Banerjee spoke with M A Baby and Leader of Opposition Rahul Gandhi, after which the leaders settled on September 30 for the meeting. 

What could be discussed at the September 30 meeting?

The proposed meeting is expected to focus on:

  • Concerns surrounding the Election Commission
  • The Special Intensive Revision of electoral rolls
  • Opposition demands concerning CEC Gyanesh Kumar
  • A possible fresh removal notice against the CEC
  • A coordinated response by INDIA bloc parties

The exact agenda and participation will depend on the discussions among the opposition parties before the proposed meeting.

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“Will die but won’t give up”: Sahil Wakode’s parents urge IIT students to continue fight 

Sahil Wakode’s parents have appealed to IIT Bombay students to continue their fight for justice amid the ongoing investigation into their son’s death.

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Sahil Wakode

The parents of IIT Bombay student Sahil Wakode have appealed to students to continue raising their voices and fighting for justice following their son’s death.

Sahil Wakode, a second-year student at IIT Bombay, died in his hostel room on September 18. His death has led to student protests and an ongoing investigation by the Mumbai Crime Branch.

What Sahil Wakode’s parents have alleged

Sahil’s parents have alleged that their son faced caste-based discrimination and harassment at IIT Bombay before his death. They have sought action against those they hold responsible and have demanded a thorough investigation into the circumstances surrounding his death.

The family has also called for a CBI inquiry and has sought the arrest of officials named in the case. These remain allegations and are part of the ongoing investigation.

The Mumbai Crime Branch took over the probe after an FIR was registered following the complaint by Sahil’s parents.

IIT Bombay’s position

IIT Bombay has said that Sahil was allegedly caught using a mobile phone during a mid-semester examination and had uploaded the question paper to ChatGPT to seek answers.

The institute has maintained that no disciplinary action had been initiated against him. It said the matter had been discussed with him by the instructor and the Head of the Department, who counselled him and assured him that the incident would not adversely affect his academic career.

The circumstances surrounding Sahil’s death are being investigated by the appropriate authorities.

Investigation continues

The case remains under investigation, with the Mumbai Crime Branch examining the circumstances surrounding Sahil’s death and the allegations made by his family.

His parents have continued to demand justice and action against those they believe were responsible, while the investigation is expected to establish the facts surrounding the case.

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