The Central Bureau of Investigation (CBI) has alleged that former Railway Minister Lalu Yadav and his family accepted prime land and shares as bribe for awarding contracts to a private firm while he headed the Railways.
As per the allegations, during Yadav's tenure as Railway Minister between 2004 to 2009, two IRCTC hotels in Ranchi and Puri were given on lease to a company named Sujata Hotels through a manipulated tender process.
In return, land worth crores was transferred to a company allegedly linked to Lalu’s wife Rabri Devi and son Tejashwi Yadav at a fraction of its market value.
Based on the CBI's FIR, the ED later registered a PMLA case against Lalu Yadav and his family.
The Yadav family has questioned the probe and said that there was no evidence against them.
The Central Bureau of Investigation (CBI) has alleged that former Railway Minister Lalu Yadav and his family accepted prime land and shares as bribe for awarding contracts to a private firm while he headed the Railways.
As per the allegations, during Yadav's tenure as Railway Minister between 2004 to 2009, two IRCTC hotels in Ranchi and Puri were given on lease to a company named Sujata Hotels through a manipulated tender process. In return, land worth crores was transferred to a company allegedly linked to Lalu’s wife Rabri Devi and son Tejashwi Yadav at a fraction of its market value.
Based on the CBI's FIR, the ED later registered a PMLA case against Lalu Yadav and his family.
The Yadav family has questioned the probe and said that there was no evidence against them. They have maintained that the case is politically motivated.