A special CBI court in Ranchi on Wednesday convicted Rashtriya Janta Dal chief and former Bihar chief minister Lalu Prasad Yadav and sentenced him to a five-year jail term in the third case of fodder scam related to fraudulent withdrawal of money from Chaibasa treasury in 90s.An amount of about Rs 33.7 crore was allegedly drawn against a sanction amount of just Rs 7.1 lakh.
RJD chief Lalu has been sentenced to five years in jail and a fine of Rs 5 lakh was also imposed on him. Jagannath Mishra was also awarded 5 years in jail.
This is the third fodder scam case in which Lalu Yadav has been convicted. He is presently serving 3.5 years jail imprisonment in Deogarh Treasury case.
His first conviction had come in September 2013, when the court handed a guilty verdict to Lalu and his predecessor, Jagannath Mishra.