Lalu Prasad convicted in fodder scam, Dr Jagannath Mishra acquitted

News Network
December 23, 2017

Patna, Dec 23: Former Bihar chief minister Lalu Prasad Yadav was on Saturday convicted in fodder scam by a special CBI court in Ranchi. The court will announce the sentencing on January 3, 2018.

After the verdict, Lalu was immediately taken into custody.

Special CBI judge Shivapal Singh acquitted former chief minister Jagannath Mishra as well as six others in the case. However, fourteen were found guilty by the court.

The case relates to fraudulent withdrawal of Rs 84.5 lakh from Deoghar district treasury.

In October 2013, when he was first convicted in a related fodder scam case, he had to spend two months in jail before he got bail from the Supreme Court.

In this case, Lalu Yadav faces accusations that as the chief minister and finance minister back in the nineties, he kept the file for an inquiry against the mastermind of the scam pending for 16 months and gave three other officials extensions despite objections from bureaucrats.

Lalu was aware of the scam but allowed the loot to continue by his inaction, the CBI had alleged.

The hearing in the case concluded on December 13 and all accused were asked to remain present in court for the judgement.

Earlier, Lalu Prasad was convicted and sentenced to five-year imprisonment in one of the five cases for which he is being tried in the fodder scam.

In 2014, the Jharkhand High Court had given relief to the former Bihar Chief Minister and others by dropping charges of criminal conspiracy, criminal breach of trust and prevention of corruption.

The court had quashed the cases on the grounds that a person convicted in one case could not be tried in similar cases based on same witnesses and evidence.

In May 2017, the Supreme Court ruled that Lalu Yadav will have to stand trial in all the fodder scam cases, setting aside the high court order that dropped cases charges against the former Bihar chief minister.

The former chief minister of Bihar had been charged in several cases related to the scam, in which Rs. 900 crore were embezzled from the state exchequer for fictitious medicines and fodder for cattle over a period of 20 years.

The CBI began probing the case in 1996.

Over 50 cases were registered for embezzlement of funds on the pretext of buying fodder for cattle, among others.

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News Network
April 18,2020

New Delhi, Apr 18: With 957 new cases of COVID-19 in the last 24 hours and 36 deaths, India's total count of coronavirus cases has surged to 14,792, said the Union Ministry of Health and Family Welfare on Saturday.

The total cases are inclusive of 2,014 cured and discharged patients, one migrated and 488 deaths. At present, there are 12,289 active COVID-19 cases in the country.

Lav Aggarwal, Joint Secretary, Ministry of Health and Family Welfare said that mortality rate due to COVID-19 in our country is around 3.3 per cent.

"An age-wise analysis will tell you that 14.4 per cent of deaths have been reported in the age group of 0-45 years. Between 45-60 years it is 10.3 percent, between 60-75 years it is 33.1 percent and for 75 years, and above it is 42.2 percent," Aggarwal said at a press conference here.

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News Network
January 27,2020

Jan 27: Bidders for Air India Ltd. will need to absorb $3.26 billion of its debt, as Prime Minister Narendra Modi’s administration tries once again to sell the national carrier.

The entire company will be sold but effective control needs to stay with Indian nationals, according to preliminary terms published Monday. Bids are invited by March 17 with Ernst & Young LLP India as transaction adviser.

Air India, which started in 1932 as a mail carrier before winning commercial popularity, saw its fortunes fade with the emergence of cutthroat low-cost competition. The state-run airline has been unprofitable for over a decade and is saddled with more than $8 billion in debt.

Indian regulations allow a foreign airline to buy as much as 49% of a local carrier, while overseas investors other than airlines can buy an entire carrier. The government didn’t find a single bidder when it tried to sell Air India in 2018.

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Agencies
January 1,2020

New Delhi, Jan 1: On the New Year's eve, the railways announced fare hike across its network effective from January 1, 2020, according to an order issued on Tuesday.

While suburban fares remain unchanged, ordinary non-AC, non-suburban fares were increased by 1 paise per km of journey.

The railways also announced a two paise/km hike in fares of mail/express non-AC trains and four paise/km hike in the fares of AC classes.

The fare hike is also applicable to premium trains such as Shatabdi, Rajdhani and Duronto, according to the order.

In the Delhi-Kolkata Rajdhani, which covers a distance of 1,447 km, the hike at the rate of 4 paise per km will be around Rs 58.

According to the order, there will not be any change in the reservation fee and superfast charge and the hike in fares will not be applicable to tickets already booked.

The last such hike was announced in 2014-2015 when fares of all classes of trains were raised by 14.2 per cent and freight charges by 6.5 per cent. However, since then, the railways introduced the flexi-fare scheme which significantly raised fares on select trains and launched trains like Vande Bharat Express and Tejas Express which have relatively higher fares. Trains with dynamic pricing like Suvidha Express were also introduced.

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