Fodder scam: Lalu Prasad Yadav found guilty in Chaibasa Treasury case, to approach higher courts

A special Central Bureau of Investigation (CBI) court in Ranchi held Lalu Prasad Yadav guilty in another fodder scam case on Wednesday.

The Chaibasa Treasury case is the third case in which Lalu Yadav is held guilty.

Former Bihar CM Jagannath Mishra was also found guilty by Special CBI court.

The quantum of sentence will be announced after 2 pm today.

"People know how BJP ,RSS and more importantly Nitish Kumar have conspired against Lalu ji. We will approach higher courts against all these verdicts," said Tejashwi Yadav.

The case pertained to the embezzlement of Rs 33.67 crore from Chaibasa district treasury during 1992-93.

Lalu is currently lodged in the Birsa Munda Jail in Ranchi after being convicted for 3.5 years on December 23, 2017. The case pertained to the Deoghar treasury.

On September 30, 2013, Lalu was held guilty in another case of illegal withdrawal of Rs 37.70 crore from the Chaibasa treasury and sentenced for five years. 

Apart from these two cases, he in an accused in three other cases of the fodder scam estimated to have caused a loss of Rs 900 crore to the exchequer when he was the chief minister of undivided Bihar.