A special CBI court in Ranchi today convicted Rashtriya Janata Dal (RJD) supremo Lalu Prasad Yadav and 50 others in the third fodder scam – the Chaibasa Treasury case.
Lalu, along with former Bihar CM Jagannath Mishra, was named as the main conspirator in this case.
Both of them were convicted in this case by the court today.
Lalu has already been convicted in two other cases related with fodder scam.
Here are 5 things you need to know about the fodder scam:
1. The case relates to the alleged fraudulent withdrawal of Rs 35.62 crore from the Chaibasa treasury in 1992-93 when Lalu Yadav was the chief minister of Bihar.
2. The fodder scam – five cases including the Chaibasa treasury case – relates to the embezzlement of more than Rs 970 crore in government funds during Lalu Yadav's term as the Chief Minister of undivided Bihar from 1990 to 1997.
3. Lalu Yadav has already been convicted in two of the five cases of fodder scam. Four years ago, he was convicted in the first case and was given a five-year jail term.
4. Earlier, on September 30, 2013, Prasad was held guilty in another case pertaining to illegal withdrawal of Rs 37.7 crore and handed down a five-year prison term.
5. Last month, Lalu was sentenced to three-and-a-half years in jail in the case relating to illegal withdrawal of Rs 89.27 lakh from Deoghar treasury.
