Ranchi CBI Court Convicts Lalu Prasad Yadav In Fodder Scam
Posted December 23, 2017 at 18:01
The special CBI court found a total of 15 people guilty including Lalu Prasad Yadav in the Fodder Scam.
A special CBI court on Saturday convicted former Bihar Chief Minister and Rashtriya Janata Dal chief Lalu Prasad in the Fodder Scam and acquitted six others that included another Ex-chief minister Jagannath Mishra.
CBI judge Shivpal Singh pronounced the verdict in a courtroom for the case concerning to fraudulent withdrawal of Rs.89.27 lakh from Deoghar Treasury between 1991 and 1994.
Lalu Prasad and other convicts were taken into custody immediately after the Pronouncement of the verdict. The court will pronounce the quantum sentence on January 3, 2018, for the 16 guilties including Lalu Prasad.
More than Rs.900 crore was reportedly drained off from the Chaibasa treasury for two decades. A charge sheet was filed against 38 persons on October 27, 1997. While, 11 of them died and three turned approvers, and another two accused confessed and were convicted in 2006-07, a CBI official said.
After the verdict, Lalu Yadav tweeted, “Truth can be made to appear as a lie, as ambiguous or a half lie by the concerted onslaught of bias-driven propaganda. But the blurred layer of bias and hatred will still be removed, come what may! In the end, the truth will prevail in the end.”
“A lie can travel halfway around the world while the truth is putting on its shoes. ….But still prevails…In the end though,” the RJD chief tweeted.