Lalu gets three and half years jail term in fodder scam case
The scam is related to withdrawal of Rs 89.27 lakh from the Deogarh Treasury between 1990 and 1994
RJD chief Lalu Prasad was today sentenced to three-and-a-half years in jail by a CBI special court in a fodder scam case relating to fraudulent withdrawal of Rs 89.27 lakh from the Deoghar Treasury 21 years ago.
CBI court judge Shiv Pal Singh, who had convicted Prasad, along with 10 others on December 23, also imposed a fine of Rs 10 lakhs on him for offences under the Indian Penal Code (IPC) and the Prevention of Corruption Act (PCA).
He was fined Rs 5 lakh each under the IPC and the PCA, a CBI counsel said, adding that failure to pay the fine would entail another six months in jail.
The court had convicted Prasad for offences of cheating, along with criminal conspiracy, under the Indian Penal Code (IPC) and the Prevention of Corruption Act.
The scam is related to withdrawal of Rs 89.27 lakh from the Deogarh Treasury between 1990 and 1994 when Prasad was the chief minister of Bihar.
The 69-year-old RJD supremo, in a written plea yesterday, had sought leniency from the CBI court citing illness and old age, according to his counsel Chittaranjan Prasad.
The RJD went into a huddle immediately after the pronouncement of the sentence.
RJD sources said that the party would appeal against the verdict.
This is the second fodder scam case in which Prasad has been jailed.
He was sent to prison for five years on September 30, 2013.
Prasad was granted bail by the Supreme Court after having spent over two-and-a-half months in jail.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.