ED investigation press release on Lalu Yadav family in Land for Job Scam
Directorate of Enforcement (ED) has filed a Prosecution Complaint (PC) on 08-01-2024 under the provisions of Prevention of Money Laundering Act (PMLA), 2002 against Amit Katyal, Rabri Devi, Misha Bharti, Hema Yadav, Hridyanand Chaudhary and two companies viz. M/s A K Infosystems Private Limited, M/s A B Exports Pvt. Ltd. before the Hon’ble Special Court (PMLA), New Delhi in the Land for Job Scam. The Hon’ble Special Court has taken cognizance of the PC on 27.01.2024 and issued notices to the accused persons to be present on 09.02.2024 for further trial.
ED initiated investigations on the basis of FIR registered by CBI related to Land for Job Scam alleging that Lalu Prasad Yadav, the then Railway Minister, indulged in corruption for appointment of Group D substitutes in Indian Railways during the period 2004- 2009. The candidates were told to transfer land as bribe in return for jobs in Indian Railways as per FIR. The CBI has also filed charge sheet.
The family members of Lalu Prasad Yadav viz. Rabri Devi, Misha Bharti, Hema Yadav who are made accused in the PC had received land parcel(s) from family of candidates [who were selected as Group D substitutes in Indian Railways] for nominal amounts. Hridyanand Chaudhary, another accused in PC is a former employee in gaushala of Rabri Devi who had acquired property from one of the candidates and later transferred the same to Hema Yadav. The companies viz. M/s A K Infosystems Private Limited, M/s A B Exports Pvt. Ltd. were shell companies which received proceeds of crime for family members of Lalu Prasad Yadav. Immovable properties were acquired in the said companies by front men and thereafter shares were transferred to family members of Lalu Prasad Yadav for nominal amounts. Amit Katyal used to manage these companies for Lalu Prasad Yadav and his family
Earlier, ED had conducted search operations on 10-03-2023 which resulted in seizure of cash of Rs. 1 Crore approx. and valuables equivalent to about Rs. 1.25 Crore. ED has also provisionally attached immovable properties worth Rs. 6.02 Crore on 29-07-2023. ED had arrested Amit Katyal on 11-11-2023 for knowingly assisting Lalu Prasad Yadav and his family in money laundering. Amit Katyal is in judicial custody as on date
Further investigation is under progress.
Press Release