Fodder scam verdict: Lalu Prasad convicted in Chaibasa treasury case

Former Bihar chief minister and RJD chief Lalu Prasad arrives to appear in a special CBI court in Ranchi on Tuesday

A special CBI court on Wednesday convicted former Bihar chief ministers Lalu Prasad and Jagannath Mishra in one of the cases related to the multi-crore fodder scam.

A special CBI court on Wednesday shall pronounce its verdict in a fodder scam case in which two former Chief Ministers of Bihar - Lalu Yadav and Jagannth Mishra are accused.

Former Bihar deputy chief minister and Rashtriya Janata Dal leader Tejashwi Yadav said that they will approach higher courts.

"We will appeal against the verdict in high court".

The case is related to the fraudulent withdrawal of over Rs 30 crore from the Chaibasa treasury during 1994 and 1995, according to India Today TV.


The 69-year-old, who is at Ranchi's Birsa Munda jail, has turned down the offer of the judge to shift him to an open jail - cottages where prisoners can stay with their families.

He was convicted last month on December 23 in connection with the case related to the fraudulent withdrawal of Rs 89.27 lakh.

Yadav was first convicted in a Fodder Scam case in 2013, though he obtained bail soon after being sentenced to five years imprisonment.

After the Chaibasa Treasury verdict, there are two more cases in Jharkhand where the verdict is expected in the coming months. In one case of Doranda Treasury, the trial is still going on, while in the Dumka Treasury case, the trial is in its final stages.

Prasad was sentenced to three-and-a-half years in jail in a fodder scam case for offences of cheating, along with criminal conspiracy, and other sections under the Indian Penal Code (IPC).

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