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Telgi's properties being auctioned in Bangalore

February 16, 2005 13:52 IST

The Income Tax Department is auctioning in Bangalore three properties belonging to Abdul Karim Telgi, the prime accused in the multi-crore fake stamp-paper racket.

Reserve

price of the properties that came under the hammer on Wednesday ran into crores of rupees. The I-T department has claimed tax arrears of Rs 11.85 crore from Telgi.

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