CBI Gives Clean Chit To Lalu Prasad Yadav In DLF Bribery Case: Sources

The Economic Offence Branch of CBI, as per sources, in January, 2018, had started a preliminary probe against him and real estate developer DLF Group over alleged corruption.

The CBI has given a clean chit in a bribery case to former railway minister and Rashtriya Janata Dal leader Lalu Prasad Yadav, who is out on bail since April after spending more than three years in jail, sources have said. The Economic Offence Branch of CBI, as per sources, in January, 2018, had started a preliminary probe against him and real estate developer DLF Group over alleged corruption. The investigation was opened on allegations that the DLF Group - eyeing rail land lease project in Mumbai's Bandra and upgradation of New Delhi Railway Station project - had bribed former railway minister Lalu Prasad Yadav with a property in an upscale South Delhi locality. It was alleged that AB Exports Private Limited, a shell company, bought a property in New Friends Colony in South Delhi for nearly Rs 5 crore in December 2007, which was funded by DLF Home Developers routed through Lexis Infotech Private Limited and few other shell companies while the actual circle rate of the said property was Rs 30 crore at that time.