Income Tax department of is set to auction the property of Karimlala Telgi, the kingpin of Rs 32,000-crore fake stamp scam, in Belgaum at its office on Civil Hospital road on December 4, 2007 @ 11.30 am.
The Income Tax department has to recover Rs 30 lakh from Telgi’s mother Sharifaji Ladsab Telgi who died recently. The Department has brought a recovery order on Karimlala Telgi as he is her son. At the moment Telgi is in Pune jail undergoing various trails.
The Telgi property going under auction are: Desai Commercial Complex in Desai Galli, Khanapur, four shops located in Shetti Complex, Station Road, Khanapur (shop numbers 7, 12, 14 and 15).
Now the question is who will buy this property? Anytakers…..
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