Lalu Prasad convicted in fodder scam, faces disqualification as MP

September 30, 2013

Lalu_Prasad

Ranchi, Sep 30: Former Bihar Chief Minister Lalu Prasad today suffered a major blow when a special CBI court convicted him in a 17-year-old fodder scam case of corruption that disqualifies him from Parliament and will keep him out of electoral arena for at least six years.

Also convicted was a sitting JD(U) MP from Jahanabad Jagadish Sharma, who becomes the third MP to be disqualified in the wake of a Supreme Court judgement striking down a provision in the electoral law that deferred immediate disqualification of lawmakers on conviction.

Less than a fortnight ago, former Union Health Minister and sitting Rajya Sabha member Rasheed Masood was convicted in a corruption case and faces disqualification.

Another 43 accused, including former Bihar Chief Minister Jagannath Mishra, five politicians and four IAS officers, were also convicted by the court of Pravas Kumar Singh for fraudulent withdrawal of Rs 37.7 crore from Chaibasa treasury.

The court fixed October three for pronouncement of sentence against Yadav, Mishra and others.

While BJP and JD(U), rivals of RJD in Bihar, welcomed the judgement, its ally Congress merely said the law has taken its course. JD(U) leader and Bihar Chief Minister Nitish Kumar, a one time associate of Lalu, declined to comment on the judgement.

The RJD said they would challenge the judgement while party leaders said they would discuss the strategy to steer the party in the absence of Prasad.

Accompanied by his son Tejaswi to the court, 65-year-old Prasad declined to react to the judgement. He appeared calm while his car sped away to the Birsa Munda Central Jail located on the outskirts of Ranchi straight from the court.

The court sentenced IAS officer K Arumugam, former Bihar AHD and Labour Minister Vidya Sagar Nishad and former MLA Dhruv Bhagat and five fodder suppliers for up to three years.

Earlier, Prasad, who arrived in the court by a white Ambassador car, appeared relaxed and waved to his party supporters. He sat in the second row in the court room as the judge began reading out the judgement against him.

The RJD chief, elected from Saran in Bihar and Sharma face immediate disqualification as Lok Sabha members under a recent Supreme Court order that an MP or MLA would stand disqualified immediately if convicted by a court for crimes with punishment of two years or more and under some other laws even without jail sentence.

The July judgement of the Supreme Court struck down a provision in the electoral law that provided protection to sitting MPs and MLAs by allowing them to continue in their posts if they appeal against a lower court conviction and secure a stay of the order.

Lalu would have got protection from disqualification if the ordinance promulgated by the Centre was cleared by President Pranab Mukherjee but he is said to have some reservations and raised questions over it.

Meanwhile, Rahul Gandhi compounded problems by attacking the ordinance and calling for its withdrawal, virtually sealing its fate.

RJD Spokesperson Manoj Jha said they would challenge the order in a higher court after the sentence is known.

All the 45 convicted persons were found guilty under IPC sections 120B (criminal conspiracy), 420 (cheating), 467 (forgery of a valuable security/will or authority to make or transfer any valuable security/receive any money), 468 (forgery for the purpose of cheating), 477A (fraudulently destroying or defacing, or attempting to destroy or deface, or secreting a will).

They were also found guilty under the Prevention of Corruption Act, 1988.

The court had on September 17 set today's date to pass orders in the case.

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Agencies
May 13,2020

New Delhi, May 13: Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore collateral-free automatic loan for businesses, including MSMEs.

This will benefit 45 lakh small businesses, she said detailing parts of the Rs 20 lakh crore economic stimulus package.

The loan will have 4-year tenure and will have a 12-month moratorium, she said.

Also, Rs 20,000 crore subordinated debt will be provided for stressed MSMEs, she said adding this would benefit 2 lakh such businesses.

The Finance Minister said a fund of funds for MSME is being created, which will infuse Rs 50,000 crore equity in MSMEs with growth potentials.

Also, MSME definition has been changed to allow units with investment up to Rs 1 crore to be called micro-units in place of Rs 25 lakh now.

Also units with turnover up to Rs 5 crore to be called micro-units, she said, adding a turnover based criteria is being introduced to define small businesses.

The investment and turnover limits for small and medium businesses have likewise been raised to allow them to retain fiscal and other benefits, she said.

Global tenders will be banned for government procurement up to Rs 200 crore, she said, adding this would help MSMEs to compete and supply in government tenders.

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JM
 - 
Thursday, 14 May 2020

Fully automatic loan..... not reachable to poor needy......

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News Network
March 13,2020

Raipur, Mar 13: Calling Jyotiraditya Scindia a "power-hungry" leader, Chhattisgarh Minister and Congress leader TS Singh Deo on Friday said that if someone joins another party to occupy the top position of the state that he should never become a Chief Minister.

When enquired if Deo has any plans to join the BJP in the future, he quickly said that he would never be able to relate himself with the "ideology" of the party.

"People may make claims but I will never join BJP, even if I get 100 lives I will never associate with that ideology. A person who joins BJP for not being able to become Chief Minister should never become a Chief Minister," he said while speaking to media in Raipur.

"A single person does not remain as captain forever, Kapil Dev got his chance when Gavaskar was there. Currently, Virat Kohli is the captain but in T20 there are different captains. Will Kohli join Pakistan's team if he is not made the captain? This is beyond understanding."

On Wednesday, Scindia joined BJP in New Delhi in the presence of party President JP Nadda. He had resigned from Congress a day earlier after meeting Union Home Minister Amit Shah and Prime Minister Narendra Modi.

He will file his nomination for the Rajya Sabha elections on March 13.

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Indian
 - 
Friday, 13 Mar 2020

May it be Scindia or some other, misusing power cheating with citizens mandate for their self benifit  "very soon the fare and best judgement from the creator will be their very soon.  No one is greatro than the creator.

 

 

For citizens well fare creator is opinion and protect always there. Hope MP people always with faith on creator.

 

 

Jai Hind !

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News Network
March 9,2020

New Delhi, Mar 9: Petrol and diesel prices registered a drop across the country on Monday as global oil prices plummeted around 30 per cent after Saudi Arabia slashed prices and set plans for a dramatic increase in crude production in April.

In New Delhi, petrol price fell by 24 paise intra-day and stood at Rs 70.59 per litre. Diesel in the national capital was retailed at Rs 63.26 per litre on Monday as against Rs 63.51 on Sunday.

The retail price of petrol in Kolkata saw a drop of 23 paise to Rs 73.28 per litre. The diesel price fell by 25 paise in the eastern metropolitan city to retail at Rs 65.59 per litre.

In Mumbai, petrol price was Rs 76.29 per litre as against Rs 76.53 a day earlier. Diesel was retailed at Rs 66.24 per litre, 26 paise lower than on Sunday.

In Chennai, petrol was retailed at Rs 73.33 per litre, 25 paise lower than a day earlier. Diesel price saw a fall of 26 paise to retail at Rs 66.75 per litre in the southern metropolitan.

Global crude oil prices fell by as much as a third following Saudi Arabia's move to start a price war with Russia amid worries over the spread of coronavirus.

Brent crude futures were down 13.29 dollars or 29 per cent at 31.98 dollars a barrel by 04:33 hrs GMT after earlier dropping to 31.02 dollars, their lowest since February 12, 2016.

Brent futures were on track for their biggest daily decline since January 17, 1991 at the start of the first Gulf War.

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