I-T Dept. slaps benami transaction charges against Lalu's family

RJD chief Lalu Prasad, Rabri Devi and their sons Tej Pratap and Tejashwi Prasad Yadav (extreme right) during a party meeting in Patna. File photo   | Photo Credit: Ranjeet Kumar

The Income Tax Department has charged the family members of Rashtriya Janata Dal chief Lalu Prasad, including his wife, son and daughters, under the Benami Transactions Act in connection with its probe into land deals worth Rs 1,000 crore and tax evasion.

The department has served notices of attachment of assets on Mr. Prasad’s daughter Misa Bharti; her husband Shailesh Kumar; Mr. Prasad's wife and former Bihar Chief Minister, Rabri Devi; son and Bihar Deputy Chief Minister Tejashwi Yadav; and Mr. Prasad's daughters Chanda Yadav and Ragini Yadav.


The attachment notice, accessed by PTI, has been issued under Section 24(3) of the Benami Transactions (Prohibition) Act and Mr. Prasad’s kin have been identified as “beneficiaries” of the benami assets.

The department has attached immovable assets such as land, plots and buildings in Delhi and Patna that bear a “deed” value of Rs 9.32 crore but the taxman has estimated their current market value at Rs.170-180 crore.

A total of nine plots in Phulwari Sharif in Patna, where a mall is reported to have been coming up, has also been attached by the tax department.

Country-wide search

The department carried out country-wide searches in this case last month.

Benami properties are those in which the real beneficiary is not the one in whose name the property has been purchased.

Violation of the Act carries rigorous imprisonment of up to seven years and a hefty fine.

The 1988 Act was implemented by the government from November 1 last year.

Tax department officials had said Mr. Prasad’s kin held some of the properties under their scanner in a “benami” way.

Not scared, says Lalu

The RJD chief, however, had sought to put up a brave face after the raids, saying he was “not scared at all” and would continue to fight against “fascist forces”.

“The BJP does not have the courage to stifle my voice... If it tries to silence one Lalu, crore of Lalu will come forward. I am not scared of empty threats),” he had said in a series of tweets after the search operation.

The BJP had also accused Mr. Prasad, Ms. Bharti and his sons Mr. Tejashwi and Mr. Tej Pratap, both Ministers in the Nitish Kumar-led Bihar government, of involvement in corrupt land deals worth over Rs 1,000 crore, and asked the Central government to probe one such transaction in Delhi.

Our code of editorial values

This article is closed for comments.
Please Email the Editor

Printable version | Oct 18, 2021 1:21:44 AM |

Next Story