Properties worth Rs 165 crores belonging to extended Lalu family seized by I-T dept
Patna,(BiharTimes): Properties worth around Rs 165 crores in Delhi and Bihar allegedly belonging to the extended family of RJD chief Lalu Prasad has been seized by the Income Tax department.
The properties attached include a house in Delhi's upmarket New Friends Colony, a farm house in Bijwasan area of the national capital and nine plots in Jalalpur area of Patna in Bihar.
The Enforcement Directorate (ED) had on September 5 attached Misa Bharti's property in Bijwasan here in connection with a money laundering case.
The farmhouse "Palam Farms" was bought from the money raised through shell companies owned by Bharti and her husband, the ED had said.
The Income Tax Department is probing how four shell shell companies -- AB Exports Pvt Ltd, Delight Marketing Pvt Ltd, AK Info Systems and Mishail Packers and Printers Pvt Ltd -- were used by Lalu Prasad and his family to buy expensive properties in Delhi and Patna through benami transactions.
The Directorate had in July chargesheeted around 35 people, including Chartered Accountant Rajesh Agrawal and businessmen brothers Surendra Jain and Virendra Jain, for facilitating illegal transactions.
So far, six members of the extended family of Lalu are suspected to be involved in corrupt land deals. They included youngest son Tejashwi Yadav and his sister Misa Bharti, Rajya Sabha MP etc.
According to investigators they purchased properties in the name of others to avoid paying tax. In June, the department had filed a case against several members of the family under a tough law that involves seven years in jail and a hefty fine.