Search:



The Web

Rediff








 Latest News on mobile: sms NEWS to 7333

Home > News > PTI


SIT arrests key Telgi associate

December 22, 2003 17:13 IST

The Special Investigation Team on Monday arrested Vijay Desai, an associate of Abdul Karim Telgi, prime accused in the fake stamp paper scam.

Desai had been absconding for nearly one-and-a-half years, SIT sources said, adding that he was being grilled.

The Telgi Scam: The Complete Coverage

The SIT expects to get from him details of Telgi's financial dealings, sources said.

According to the sources, Vijay chalked out retailing strategy for insurance, revenue and share transfer stamps business of Telgi and helped the scamster spread his business in financial centres like Ahmedabad and Delhi.

Vijay helped Telgi conduct surveys of major cities like Mumbai, Surat, Ahmedabad, Jaipur, Indore, Delhi to assess 'business potential', the sources said.

"Telgi was so impressed by the market potential of Ahmedabad that he had chalked out a massive plan to make the city his second major business centre after Mumbai and had even expressed desire to shift the production centre there," an SIT official said.


7333: The Latest News on Your Mobile!

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

© Copyright 2005 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

Share your comments




Article Tools
Email this article
Top emailed links
Print this article
Write us a letter
Discuss this article




Related Stories


SIT questions ex-bureaucrat

Telgi case: Another cop held

Three ISP employees held



People Who Read This Also Read


Telgi undergoes tests

SIT seeks Telgi's custody

Vote-on-account likely on Jan 22







Copyright © 2005 rediff.com India Limited. All Rights Reserved.