1. Lalu Prasad Yadav denies money laundering charges against daughter Misa Bharti, calls it ‘character assassination’

Lalu Prasad Yadav denies money laundering charges against daughter Misa Bharti, calls it ‘character assassination’

RJD supremo and former Bihar chief minister Lalu Prasad Yadav has rubbished money laundering charges against his daughter and Rajya Sabha member Misa Bharti.

By: | Published: May 14, 2017 10:29 PM
Lalu Prasad Yadav, Lalu Prasad Yadav news, Lalu Prasad Yadav daughter, lalu prasad daughter, lalu prasad daughter misa bharti, misa bharti scam, misa bhati money laundering charge, Lalu Prasad Yadav daughter money laundering charge, Lalu Prasad Yadav press conference, lalu prasad press conference RJD Chief Lalu Prasad Yadav addressing a press conference at his residence in Patna on Sunday. (PTI)

Rashtriya Janata Dal (RJD) supremo and former Bihar chief minister Lalu Prasad Yadav has rubbished money laundering charges against his daughter and Rajya Sabha member Misa Bharti. Bringing trouble to the RJD chief, the charges of money laundering by a shell company against Bharti were revealed by a television channel followed by tough questions being put by senior BJP leader Sushil Kumar Modi. Targeting Bharti, Sushil Modi said that she had laundered money through a shell company to buy a farmhouse at Delhi’s Bijwasan area at a throwaway price on Saturday. A day after the allegations were made, Lalu Yadav addressed a press conference on Sunday. Speaking to the media, Lalu said there is no merit in the allegations and added that legal notice is being served. Defending her daughter from the allegations, Lalu said “They are indulging in character assassination” while saying that shell company “does not exist at all,” reported news agency PTI.

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According to claims of Sushil Modi, Misa Bharti converted her black money into white through dubious sales and purchases of shares of her company, namely Mishail Packers and Printers Pvt Ltd. Giving further details supporting his claims, Sushil Modi said the company was incorporated with an investment of Rs one lakh in 2002 and registered at Lalu Prasad’s then official bungalow – 25, Tughlaq Road, New Delhi, according to PTI. Years after the company was closed in 2005-06, Bharti in October 2008, sold her company’s shares at face value of Rs 10 each to Virendra Jain’s Shalini Holdings at Rs 100 per share that fetched her Rs 1.20 crore and 11 months latershe purchased all the shares at the rate of Rs 10 per share from Jain, Modi alleged. He also showed documents to support his claim, added the PTI report.

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After making the allegations, Sushil Modi reminded Bihar chief minister Nitish Kumar about his statement stating that his government has zero tolerance policy towards corruption. He demanded that the CM order a probe into the allegations of acquisition of benami properties by Prasad’s family in Bihar.

  1. P
    Poda De
    May 15, 2017 at 12:23 am
    What a foolish illiterate fellow this Lalua is to suggest dissolution of Lok Sabha !
    Reply

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