Kolkata, Aug 29: Armed with a favourable order from the Supreme Court, the Kolkata Police will approach Interpol for issue of red corner notices against Dinesh Dalmia, the prime accused in the Rs 120 crore scam at the Calcutta Stock Exchange and a fugitive in the USA. The Supreme Court, on a special leave petition by the Kolkata Police, in its interim order today stayed the order of a division bench of Chennai High Court which directed that Dalmiya not be arrested till disposal of the case before it.
Confirming the development, Deputy Commissioner of Police (detective department) Soumen Mitra said, "Today's Supreme Court order is in our favour, but I cannot give you the details as a copy of order is still to reach us." Dalmia, managing director of DSQ Software and DSQ Industries is alleged to have colluded with CSE broker H C Biyani and former CEO and managing director of Stock Holding Corporation of India Limited (SCIL) to dupe investors and the exchange through circular trading in early 2001.
Interpol could now be approached to issue red corner notice or an international arrest warrant against Dalmiya who has fled to the USA, police sources said. While Biyani was arrested and was in custody for 90 days before being released in December, 2002, Dalmia eluded the dragnet by securing anticipatory bail from a Chennai court. Bureau Report