Thursday 3 October 2013

Lalu Prasad Gets 5 Year Jail Term in Fodder Scam:Fined Rs 25 Lakh

By 1 2 1 News Reporter
Chandigarh 03rd October: --- Lalu Prasad Yadav was convicted in the
fodder scam and CBI Court today has announced five years imprisonment
along with imposition of a fine of Rs 25 lakh in the fodder scam . He
also stands disqualified from the parliament post sentencing. Former
Bihar chief minister Jagannath Mishra too was sentenced to four years
imprisonment in the case. The sentencing in fodder scam case announced
today by the CBI court has convicted 44 individuals including
Rashtriya Janata Dal (RJD) leader Lalu Prasad Yadav. The case pertains
to alleged fraudulent withdrawal of Rs 37.7 crore from Chaibasa
Treasury in the 1990s. The FIR was lodged by Bihar government in
February 1996 but the case was transferred to CBI a month later. CBI
had investigated the scam for a year and the charge sheet was filed in
1997. The charges were framed in 2000 following which the Special CBI
court commenced trial against Lalu Yadav and 44 other accused. The
judgement in the fodder scam is likely to have a bearing on Bihar
politics, as the RJD chief will face immediate disqualification as a
Lok Sabha member if convicted as per a Supreme Court order that an MP
or legislator would stand disqualified immediately if convicted by a
court for crimes with punishment of two years or more

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