Lalu Yadav convicted for five years in third fodder scam
Lalu Yadav convicted for five years in third fodder scam : Former Chief Minister of Bihar Lalu Yadav has been sentenced to five years in jail in the third fodder scam case. Lalu Yadav and his close aide Jagannath Mishra, were convicted earlier in the day. The RJD chief is already serving a jail term in the second fodder scam case. Verdicts in two other cases are expected over the next few months.
The fodder scam involved the embezzlement of more than Rs. 970 crore in government funds during Lalu Yadav's term as the Chief Minister of undivided Bihar from 1990 to 1997. The latest case involves the siphoning of Rs. 33.67 crore from the Chaibasa treasury against an allocation of Rs. 7.10 lakh in 1992-93. Lalu Yadav was named as the main conspirator by the Central Bureau of Investigation.
Former Bihar Chief Minister Jagannath Mishra, who was acquitted in the last fodder scam case, has been convicted in this one.
Earlier this month,Lalu Yadav was sent to jail over fraudulent withdrawal of Rs. 89 lakh from the Deoghar district treasury between 1990 and 1994. Sentenced to a three-and-a-half-year in prison, Lalu Yadav has applied for bail.
- PTC News
