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October 4, 2020

Fodder scam: Lalu Prasad Yadav gets bail in Chaibasa treasury case, but won’t walk free

Lalu Prasad Yadav   RJD chief and former Bihar chief minister Lalu Prasad Yadav was on Friday granted bail by the Jharkhand Excessive Courtroom in a fodder rip-off case associated to Chaibasa treasury. He’ll, nonetheless, have to stay in jail as he’s serving jail time in one other case associated to Dumka treasury. In 2018,... Read More

Lalu Prasad Yadav

 

RJD chief and former Bihar chief minister Lalu Prasad Yadav was on Friday granted bail by the Jharkhand Excessive Courtroom in a fodder rip-off case associated to Chaibasa treasury. He’ll, nonetheless, have to stay in jail as he’s serving jail time in one other case associated to Dumka treasury.

In 2018, Lalu was convicted by a CBI court docket in a sequence of instances of fraud referred to as fodder rip-off. The case in which Lalu has been given bail includes fraudulent withdrawals of Rs 33.67 crore from the Chaibasa treasury in undivided Bihar when he was the chief minister.

The Excessive Courtroom has requested the RJD chief to submit two private bonds of Rs 50,000 every, and deposit a penalty of Rs 2 lakh which was awarded by a particular CBI court docket to safe his bail. The court docket has additionally sought his medical report and the main points of all these he has met through the course of his therapy at Rajendra Institute of Medical Sciences in Ranchi.

Final 12 months in July, Lalu was granted bail in the Deoghar treasury case.

In January 2018, a particular CBI court docket in Ranchi had convicted Lalu and former Bihar CM Jagannath Mishra for fraudulent withdrawal of cash from the Deoghar, Dumka and Chaibasa treasuries (now in Jharkhand) in 1990s. Lalu and Jagannath have been handed a jail time period of 5 years and a tremendous of Rs 5 lakh every.

Lalu has been lodged in Ranchi’s Birsa Munda Jail since 2018.

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