Ranchi: RJD leader and former Bihar Chief Minister Lalu Prasad Yadav have been granted bail in a fodder scam case. Bail was granted in the fifth case related to the fodder scam. Bail was granted by the Jharkhand High Court. The verdict comes in the wake of a scam in the Toronto Treasury. The CBI opposed the bail application but the court granted bail.
Lalu Prasad, who has already been convicted in four other cases in the fodder scam, was the accused in the fifth and final case. The action is in the fodder scam case worth Rs 950 crore.
Lalu Prasad was jailed for 14 years and fined a total of Rs 60 lakh in four cases related to the Dumka, Deoghar, and Chaibasa treasuries.
The fodder scam came to light in January 1996 during a raid on the Animal Husbandry Department. In June 1997, Prasad was charged by the CBI. The CBI had then charged Prasad and former Bihar Chief Minister Jagannath Mishra.