Arrested cop didn’t follow leads: SIT

MUMBAI: Suspended police inspector K.K. Parmar, arrested in the multi-crore fake stamp-paper scam on Monday night, has been charged by the Special Investigation Team (SIT) with five acts of omission and commission.
He was produced before the Esplanade court on Tuesday and remanded to police custody till December 15. The remand application mentions the alleged acts of omission and commission:
On September 2, 1995, exsuperintendent of stamps R.Mopalwar lodged a complaint with the Colaba police against prime accused A.K. Telgi. Parmar was stationed in Colaba and had seized hire-purchase agreements, affixed with fake stamps, of Telco Dealers Leasing & Finance Co. But Parmar didn’t investigate a possible link between Telgi and the company.
Telgi, who provided fake stamps of Rs 1,000 and Rs 500 to the company, was paid via cheques he deposited in BoB and Citibank, Fort, and SBI, Kemps Corner. Parmar did not investigate the accounts.
Parmar interrogated Telgi in October 1995, but failed to arrest him. He was also in court when Telgi’s bail plea was rejected, but allowed Telgi to leave the court.
Parmar did not record witnesses’ statements.
Parmar conducted certain investigations to mislead his superiors.