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Home > News > Report

'Foreign notes found in Nashik are outdated'

Vijay Singh in Nashik | December 02, 2003 09:51 IST
Last Updated: December 02, 2003 17:57 IST


A good quantityof the foreign currency notes found in Prasoon Agarwal alias Abhay Bansal's residence in Nashik on Monday were outdated. Some of the notes were from the erstwhile East Pakistan (Bangladesh) and Burma (which has been renamed Myanmar) while some of the stamps found along with the notes were cancelled.

The Stamp Paper Scam: The Complete Coverage

Addressing a press conference, Police Commissioner P T Lohar said the police had made an inventory of the seizure.

Senior Superintendent of Stamps (Nashik) S Hanuman Singh told rediff.com, "We found foreign currencies and stamps. The stamps we found had been cancelled, which are not usable. They are normally found with those who collect stamps as a hobby. We found several foreign stamps but those too were not usable and would only be useful to stamp collectors. They are available at market prices."

Assistant Director (Enforcement Directorate) Mr Bharti said, "We had opened 163 boxes out of which we found currencies in three boxes. Most of them were from Third World countries and now out of circulation. For example, currency from East Pakistan, Burma, Germany (from the year 1910), Yugoslavia etc. None of it belongs to developed nations.

"We found Indian currency of Re 1, 2, 5, 10 denominations. In one box, we found some Brazilian currency. A mark on that box indicated that it might have come through some overseas bank."

There were around 500 gunny bags in the house. The bags, which contained huge stones, had 'Supply to Hong Kong' written on them, the sources said adding several boulders were found lying in the compound. The sources said, "We also found some exhibition application papers."

A ZEE News journalist, Yogesh Khare, had first had reported the find on Monday days after a Mumbai police team raided another of Bansal's flats in Nashik on November 26 and seized fake stamps worth Rs 72 lakh.

Sources told rediff.com that Bansal, who is now under arrested, used to change the guard at his residence every month. He used to visit the place once in 3-4 days.



More reports from Maharashtra
Read about: Telgi case | Mumbai blasts


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Number of User Comments: 4




Sub: Well Done Khare

Dear Yogesh Khare, We need journalist like you.. To come out with truth like this Rather than putting more effort on potical interview. Good Luck. ...


Posted by tarendra





Sub: Nice way of diluting the ''real'' issue

Read this "The sources said, "We also found some exhibition application papers." which implies that the "person" in whose house these stamps & currency are ...


Posted by Sarma





Sub: Stamp scam

Boss, even if the stamps and currencies were outdated, they are collectors' item as said in the story. That means it has more value than ...


Posted by Gopakumar





Sub: notes found in nasik

May be fake stampaper/currency scam is as old as Indian independence.....and it was only growing all the time with the involvement of more and more ...


Posted by Swarna




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