Lalu: ED detects Rs 600 crore in ‘proceeds of crime’ in raids against Lalu Prasad’s family | India News

NEW DELHI: The Enforcement Directorate on Saturday said that Rs 1 crore of unaccounted cash has been seized and Rs 600cr in proceeds of crime has been detected in raids against former Bihar CM Lalu Prasad’s family in connection with the investigation in the railways land-for-job money laundering case.
“Probe under way to unearth more investments made on behalf of Lalu Prasad’s family in real estate, other sectors,” the ED said.
The ED on Friday conducted nationwide searches on at least 24 premises allegedly associated with Lalu Prasad, son and deputy CM Tejashwi Prasad Yadav and three daughters.

The “scam” pertains to a period during 2004-09 when Lalu was railway minister in the Congress-led UPA government and involves his alleged misuse of office to hand out jobs to persons in exchange for land plots that were transferred at nominal prices to the relatives of the RJD boss.
During the searches, Rs 53 lakh in cash, $1,900 in foreign currency, 540 gms of gold bullion, over 1. 5kg of gold jewellery and incriminating documents and electronic devices were seized, the ED said.

The ED searches came soon after the CBI questioned Lalu and his wife Rabri Devi in its case registered in the land-for-job scam. During 2004-09 when Lalu was railways minister, some people, especially from his home state Bihar, were allegedly appointed to Group D positions in different zones of Indian Railways.