RJD chief and Bihar Deputy Chief Minister Tejashwi Yadav was on Tuesday questioned by the Enforcement Directorate (ED) for about 9 hours on the company workplace in a cash laundering case linked to the alleged land-for-jobs rip-off. The 33-year-old son of RJD president and former Bihar chief minister Lalu Prasad reached the federal company’s workplace in central Delhi in a carcade round 10:45 am.
The company recorded his assertion underneath the provisions of the Prevention of Cash Laundering Act (PMLA) and he left the workplace about 9 pm, they mentioned. In between, he went for an about hour-long lunch break.
Final month, the CBI had questioned the RJD chief on this case.
The ED booked a separate case underneath the felony sections of the Prevention of Cash Laundering Act (PMLA) based mostly on the CBI FIR.
Tejashwi Yadav’s MP-sister Misa Bharti was additionally questioned by the ED on this case on March 25, the identical day he had deposed earlier than the CBI. Each the central businesses not too long ago initiated motion within the case, with the CBI questioning Lalu Prasad and his spouse and former Bihar chief minister Rabri Devi and the ED finishing up raids in opposition to the RJD chief’s household.
The ED, after the searches, mentioned it seized “unaccounted money” of Rs 1 crore and detected proceeds of crime price Rs 600 crore. It mentioned the investigation was underway to unearth extra investments made on behalf of Prasad’s household and their associates in varied sectors, together with actual property, at varied locations.
The alleged rip-off pertains to the interval when Prasad was the railway minister within the UPA-1 authorities on the Centre.
Making a particular point out about Tejaswi Yadav, the ED had mentioned a property located at D-1088, New Associates Colony in south Delhi, is an impartial four-storeyed bungalow registered within the identify of A B Exports Personal Restricted. This firm has been known as a “beneficiary agency” on this case.
The ED had mentioned this firm is “owned and managed” by Tejashwi Yadav and his household and this home was proven to have been acquired at a price of mere Rs 4 lakh whereas the current market worth of which is roughly Rs 150 crore.
“It’s suspected that an enormous amount of money/proceeds of crime has been infused in buying this property and few Mumbai-based entities, dealing within the gems and jewelry sector have been used to channel ill-gotten proceeds of crime on this regard,” the ED had alleged.
“The property has been although, on paper, declared as an workplace of A B Exports Personal Restricted and AK Infosystems Pvt ltd, it’s being solely used as residential premises by Tejaswi Prasad Yadav, son of Lalu Prasad Yadav.
“Through the searches, Tejaswi Prasad Yadav was discovered to be staying at this home and was discovered to be utilizing this home as his residential property,” the ED mentioned.
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It’s alleged that in the course of the interval 2004-09, varied individuals have been appointed to Group D positions in varied zones of the Indian Railways, and in lieu, the individuals involved transferred their land to the relations of Prasad, the then minister of railways, and A Ok Infosystems Pvt Ltd.
It’s alleged by the CBI that no commercial or public discover was issued for the appointment however some residents of Patna have been appointed as substitutes in several zonal railways situated at Mumbai, Jabalpur, Kolkata, Jaipur and Hazipur.
As a quid professional quo, the candidates, immediately or by way of their fast relations, allegedly bought land to the relations of Prasad at extremely discounted charges, as much as one-fourth to one-fifth of the prevailing market charges, the CBI had alleged. Denying the allegations, Tejashwi Yadav, after the questioning of his mother and father by the CBI, had advised reporters that the then railway minister Prasad had “no powers” to provide employment in trade for favours.
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