Updated On: 05 January, 2013 08:43 AM IST | | Samarth Moray
Stamp scam kingpin's sentence reduced due to procedural technicalities; co-accused Sanjay Gaikwad acquitted since the prosecution failed to prove that he played any role
The Bombay High Court yesterday reduced by three years the trial court’s sentence awarded to Abdul Karim Telgi, who was convicted in the multi-crore stamp-paper scam that broke in 1995.
The court reduced Telgi’s sentence, for cheating and forgery, from 10 years to seven. Co-accused Sanjay Gaikwad was convicted for criminal conspiracy, but due to procedural technicalities, he was acquitted yesterday. The court set aside Telgi’s conviction for the offence of counterfeiting government stamps.