The Jharkhand High Court on Friday granted bail to RJD supremo Lalu Yadav within the Rs 139.35-crore Doranda Treasury case associated to the fodder rip-off. “He has been granted bail on the uniform yardstick of half custody and health issues; he will be released soon. He will have to deposit Rs 1 lakh surety amount and Rs 10 lakh as fine,” his lawyer mentioned.
In February this 12 months, a CBI courtroom in Ranchi had sentenced Yadav to 5 years of imprisonment together with a tremendous of Rs 60 lakh within the fifth fodder rip-off case that pertains to the unlawful withdrawal of Rs 139.5 crore from the Doranda treasury.
Of the 99 accused within the case, 24 had been acquitted, whereas three-year jail phrases had been pronounced for 46 accused in reference to the embezzlement that came about in Ranchi in 1995-1996 — when Lalu was the chief minister of undivided Bihar.
Lalu has already been convicted within the earlier 4 instances. He was out on bail however despatched again to jail after being convicted within the fifth case final week. One extra case — pertaining to the unlawful withdrawal of cash from the Bank-Bhagalpur treasury — is pending earlier than the CBI courtroom in Patna, Bihar.
The High Court on April 17, 2021, had granted bail to Prasad within the Dumka treasury case of the multi-crore rupees fodder rip-off on completion of half the sentence interval, paving means for his launch from jail.
On October 9, 2020, the excessive courtroom had granted bail to Prasad in a fodder rip-off case involving the unlawful withdrawal of funds from the Chaibasa treasury.
While sentencing Prasad within the Dumka case on March 24, 2018, to 14 years in jail, a particular CBI courtroom of Ranchi had additionally imposed a tremendous of Rs 60 lakh, Rs 30 lakh every underneath IPC sections and corruption Act.
The Rs 950-crore rip-off pertains to the fraudulent withdrawal of public funds from authorities treasuries in varied districts of undivided Bihar.
Of the unique 170 accused within the matter, 55 have died, 7 have grow to be authorities witnesses, 2 have accepted the costs in opposition to them and 6 are absconding. 99 accused together with Lalu Prasad Yadav are left in opposition to whom the courtroom gave the decision on February 15.
The rip-off got here into mild after a raid carried out by Deputy Commissioner of Chaibasa Amit Khare on the Animal Husbandry Department in January 1996. CBI was roped in by the Patna High Court in March 1996 after growing stress to research the case. The CBI registers an FIR within the case on the time when each Bihar and Jharkhand had been a unified state.
In June 1997, Lalu Prasad was named an accused within the case for the primary time within the chargesheet filed by the CBI.
Following the chargesheet and mounting stress from the Opposition, Lalu resigned because the chief minister after which he made his spouse Rabri Devi the Chief Minister of the state and silently managed the politics in Bihar in July 1997.
Due to the bifurcation of Bihar and the formation of a brand new state, Jharkhand, the case is transferred to the Jharkhand High Court in October 2001. Special CBI courtroom begins trial within the fodder rip-off case from February 2002. Prasad’s first conviction got here in September 2013, within the Chaibasa treasury case associated to fraudulent withdrawal of Rs 37.70 crore.
He was handed over 5 years in jail resulting in his disqualification from the Lok Sabha membership. He was granted bail by the Supreme Court in December that 12 months.
The RJD’s supremo’s hassle renewed once more in 2017 when a particular Central Bureau of Investigation (CBI) courtroom in December 2017, had convicted him within the second rip-off case associated to fraudulent withdrawal of Rs 89.27 lakh from Deoghar treasury.
Prasad was sentenced to three.5 years of jail time period on this case. He was, nevertheless, granted bail in July final 12 months after finishing half of the three.5 years’ sentence.
The former chief minister’s third conviction got here in January 2018, within the Chaibasa treasury case associated to fraudulent withdrawal of Rs 33.13 crore. He was awarded 5 years of imprisonment on this case.
Two months later, the particular CBI courtroom in March 2018, had held Prasad responsible underneath conspiracy and corruption costs within the rip-off case associated to fraudulent withdrawal of Rs 3.76 crore from Dumka treasury from December 1995, to January 1996. It had handed him 14 years in jail and slapped a tremendous of Rs 60 lakh on him.
(With PTI inputs)
Source: www.financialexpress.com”