Telgi sentenced to 10 years' rigorous imprisonment

Prime accused in the multi-crore fake stamp paper case Abdul Karim Telgi and two of his accomplices were sentenced to 10 years rigorous imprisonment by the special CBI court in Bhopal.

The judge found Telgi, Shabbir Ahmed Sheikh and Sohail Khan guilty under section of 120-B of Indian Penal Code pertaining to criminal conspiracy and IPC section 255 dealing with counterfeiting of government stamp papers and imposed fine of Rs5 lakh on each of them in each count, a CBI spokesperson said here today.

"The court also found the three accused persons guilty under section 69 of Indian Stamp Act read with 120B and imposed sentences of six months rigorous imprisonment with fine of Rs500. The sentences are to run concurrently," he said.

The CBI had registered two fake stamp paper cases in 2004 on the orders of supreme court.

"In one case, Jagjeevan Yadav, proprietor of Malwa Enterprises, Indore allegedly supplied 200 forged stamps at the rate of Rs 50 worth Rs 10,000 to State Bank of India, Dhar on May 1 and June 7 in the year 2000. The payments for the same were made through demand draft to the company. However, he was not authorized for sale of stamp paper," he said.