Updated: October 9, 2020 12:46:34 pm
Lalu Prasad Yadav, former Bihar Chief Minister and Rashtriya Janata Dal (RJD) supremo, was granted bail by the Jharkhand High Court within the Chaibasa Treasury case, associated to the fodder rip-off on Friday. However, the previous CM will stay in jail because the Dumka treasury case remains to be pending.
The High Court requested Yadav to submit two private bonds of Rs 50,000 every and deposit penalty of Rs 2 lakh for securing bail.
This case, RC 68(A) / 1996, pertains to the fraudulence of Rs 33.67 crore from Chaibasa (now in Jharkhand) district treasury throughout 1992-93 when Lalu was the chief minister of undivided Bihar.
On January 24, 2018, a particular CBI court docket in Ranchi had convicted Yadav and former chief minister Jagannath Mishra within the third case of multi-crore fodder rip-off associated to the fraudulent withdrawal of cash from the Chaibasa treasury in 1990s. The court docket had handed each Lalu and Jagannath a jail time period of 5 years, moreover a nice of Rs. 5 lakh every. A complete of 50 accused have been convicted within the case whereas six have been let off.
Apart from Lalu, the opposite primary accused convicted within the case have been R Okay Rana, Vidyasagar Nishad, Dhruv Bhagat, former chief secretary Sajal Chakraborty, IAS officers Phool Chand Singh and Mahesh Prasad.
The 72-year-old is at present serving time in Birsa Munda jail in Ranchi.
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