India

Lalu Yadav gets bail in IRCTC scam

Patiala House Court of Delhi has granted bail to former Bihar Chief Minister Lalu Prasad Yadav, his wife Rabri Devi and son Tejashvi Yadav and others, in the case of the IRCTC tender scam. Against them, the CBI and ED had filed cases in cases related to IRCTC, in which they were accused of money laundering.

In addition to the RJD chief and members of his family, former Union Minister Premchand Gupta and his wife Sarla Gupta, IRCTC’s then managing director BK Agrawal and the then director Rakesh Saxena are also accused in this case, they have also been given regular bail.

Allegations against Lalu Prasad Yadav were levied that he had allegedly given two hotels of IRCTC to a private firm while being the Railway Minister. There were allegations of financial discripancies. Instead of sub-lease of the hotel, 358 Dismil land was given to one of the major locations in Patna in February 2005 in M ​​/ s Delight Marketing Company Pvt. Ltd. (owned by the family of RJD MP PC Gupta). The land was given to the company at a much lower rate than the Circle rates at that time. In this case, how the ED and the CBI had filed cases against Lalu family.

The ED has so far incurred property worth over Rs 44 crores in this case. The CBI also filed a charge sheet some time ago in this case. ED had alleged that officials of the IRCTC including Laluo Prasad Yadav misused their position. While being the Railway Minister, Lalu Yadav gave PC Gupta’s company two IRCTC hotels of Puri and Ranchi, bypassing the rules.

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