ADVT:

  Home   Astrology   Business   Indiafocus   Lifestyle   Movies   News   Parenting   Online Exam   Sports   Travel
Home » India » Full Story

'Telgi scam may be part of economic terrorism'
Friday, December 19 2003 15:25 Hrs (IST)

New Delhi: Warning that the massive Telgi stamp paper scam could be part of "economic terrorism" to destabilise India, Opposition and National Democratic Alliance (NDA) members today (Dec 19, 2003) cut across party lines in the Lok Sabha, demanding a probe into the beneficiaries of the scandal by involving revenue and auditing departments.

They sought immediate corrective measures by Government by introducing an alternative system to replace stamp paper, as the estimated amount involved in the scandal could be to the tune of Rs 60,000 crore.

"Where did the money go? Was it pumped into the film industry, to buy real estate or sent abroad through hawala channels? Who were the beneficiaries? Were politicians and business houses were part of the network of accused Abdul Rashid Telgi?

"All these must be found out through investigation in which Comptroller and Auditor General (CAG) and revenue departments should be involved," demanded Bharatiya Janata Party (BJP) member Kirit Somaiya while initiating a special discussion on the scam under Rule 193, which does not entail voting.

Maintaining that the investigation into the scandal should be "streamlined", Somaiya regretted that people were losing faith in police with former Mumbai police commissioner and a joint commissioner in jail in connection with the scam.

The BJP member said like the fake currency racket, the probe should also find out whether the stamp paper scandal was part of "economic terrorism" aimed at destabilising the country. "If this is not done, people may lose trust in the economic system," he cautioned.

PTI



Related Links
Mother of All Scams: The Bermuda Triangle!


Opinion Poll
Is any day a happy day in India?
Blue moons are rare
I don't care
No
    

Results | Previous Results
More News
Orgin of species kept on toilet...
Grand wedding keeps police on...
Why is China assertive, PM...
Bloodbath in the name of...
Brawl in assembly over Liberhan...
One year since 26/11 the agony...
India unsatisfied with status...
Vajpayee was not investigated,...
FICCI signs agreements with...
Eunuchs too have a right to...
Manmohan Singh asks Pakistan...
Flag march to remember 26/11...
Pregnant woman paraded naked,...
Mamta defends hefty salaries
A rare love story!
Lok Sabha adjourned over...
Liberhan report in this...
China coal mine blast: 104...
China mine blast death toll 104
Govt to help obese woman in...
Red alert at Guj Kandla oil...
Worth a click
  Sarees
Baby Clothes
Jewellery
Bluetooth Headsets
Health & Fitness

Search Keywords