Money laundering probe: I-T dept issues final attachment order against Misa Bharti, husband

The Income Tax (I-T) department on Monday issued a final attachment order against RJD chief Lalu Prasad Yadav's  daughter Misa Bharti and her husband Shailesh Kumar in the benami assets case, as reported in ANI.

Officials privy to the probe said the order was issued against a firm allegedly involved in the case--AB Exports Private Limited-- and also alleged that Prasad's relatives were the "beneficiaries" of the immovable properties of this firm.

A property in south Delhi's New Friends Colony is owned by this firm, they said.

A provisional order for attachment--under the Benami Transactions (Prohibition) Act, 2016-- was issued by the department in June this year and now the order has been confirmed after adjudication, they said.

The cases of other assets which were provisionally attached in June will also be processed similarly, they added.

The tax department had attached about a dozen plots and buildings in Delhi and Bihar including a farmhouse and land in the Palam Vihar area, a building in the upmarket New Friends Colony area of south Delhi, nine plots on a 256.75 decimal land area in Patna's Phulwari Sharif area, where a shopping mall was being constructed, among a few others in the same area in Bihar's capital.

The department has said these alleged benami assets bear a "deed" value of about Rs 9.32 crore but the taxman has estimated their current market value at Rs 170-180 crore.

Benami properties are those in which the real beneficiary is not the one in whose name (benamidar) the property has been purchased.

The Prasad family has said the cases are the outcome of a "political vendetta" against them.

The Act allows for the prosecution of the beneficial owner, the benamidar, the abettor and the inducer to benami transactions.

Under the provisions of the Act, assets held benami after the final prosecution are liable for confiscation by the government without payment of compensation.

On September 5, the Enforcement Directorate (ED) attached Delhi farmhouse in connection with money laundering probe against her and her husband.

The ED has provisionally attached a farm house (26, Palam Farms, Bijwasan, New Delhi), of Misha Bharti and Shailesh Kumar, held in the name of Mishail Packers and Printers Pvt Ltd.

The farmhouse was purchased using Rs 1.2 Crore involved in money laundering in the year 2008-09.

The ED is the third central probing body investigating alleged financial irregularities by Lalu Prasad's family after the CBI and the Income Tax department, which recently attached Benami assets worth about 180 crore rupees.

The I-T department has already attached a total of 12 plots of Misa Bharti and her husband Shailesh Kumar, Deputy Chief Minister Tejaswi Yadav and ex-chief minister Rabri Devi, and sisters Ragini and Chanda Yadav.