Rashtriya Janta Dal (RJD) chief Lalu Prasad Yadav's bail plea has been rejected by Jharkhand High Court on Friday in Deoghar Treasury matter case in connection with the Rs. 900 crore fodder scam.
Lalu Prasad Yadav was sentenced for three and a half years in the case by a CBI court in a criminal case involving the withdrawal of money and falsification of records from Deoghar treasury. Also, he was fined Rs 10 lakh. The case pertains to fraudulent withdrawal of Rs 89.27 lakh from Deoghar Treasury between 1991 and 1994.
Prasad was sentenced for offences of cheating, read with criminal conspiracy, using as genuine a forged document and other sections under the IPC.
Lalu Prasad (69) was also found guilty in Rs 30 crore Chaibasa treasury and handed a five-year prison term in addition to three and a half years he is already serving in Ranchi's Birsa Munda jail.
A charge sheet was filed against 38 persons on October 27, 1997. Eleven of them died and three turned approvers while two other accused confessed and were convicted in 2006-07.
Lalu Prasad was facing three scam cases for illegal withdrawal of Rs 3.97 crore from the Dumka Treasury, Rs 30 crore from the Chaibasa Treasury and Rs 184 crore from the Doranda Treasury.