Lalu's benami property case: IT raids 22 locations

CBI raids former union minister P Chidambaram’s residence in Chennai

According to IT officials, raids were conducted at the premises of some prominent businessmen and real estate agents in Delhi, Gurgaon, Rewari and few others. In a tweet soon after the Income Tax department sleuths raided his residence in New Delhi and Gurugram, Lalu tweeted, "I will not bow down".

Prasad's daughter has bought nearly seven acres of land worth Rs 100 crores for just about 1.4 crores through mysterious business entities that have allowed her to make huge profits at their expense.

He alleged that Lalu's two Minister sons have amassed benami properties worth over Rs 1,000 crore through various shell companies like Delight Marketing Pvt Ltd, AK Infosystems Pvt Ltd and AB Exports Pvt Ltd in Bihar.

Union Law Minister Ravi Shankar Prasad had earlier alleged that the RJD chief's daughter Misa Bharti has not disclosed these assets in her election affidavit and demanded that the Election Commission take action against her.

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Rivals for years, Mr Kumar and Mr Yadav joined hands in the last Bihar assembly elections along with the Congress in what was called a Grand Alliance to defeat the BJP, in a partnership that since seen some turbulence.

West Bengal Chief Minister Mamata Banerjee termed as "political vendetta" the raids on Chidambaram's son and Lalu and said she had discussed the issue with Congress president Sonia Gandhi.

Former chief minister Jitan Ram Manjhi, whose Hindustani Awam Morcha-Secualar is a ally of the NDA, said it was a raid against corruption and it should be viewed like that.

"We say, IT and CBI have now become BJP's new alliance partners as they are being used to intimidate arch rivals like Lalu Prasad and others".

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All the companies owned by Lalu Prasad's family members for the goal of these land transactions had no employees, no business activities and no turnover, Ravi Shankar Prasad had claimed. "We expect the central government to take appropriate action", he added.

He had alleged Bihar's biggest shopping mall spread over 7.5 lakh square feet which was coming up in Patna was part of such "dubious" transactions. Janata Dal (United) general secretary K.C. Tyagi said the raid appeared to be another extension of the way the Centre was treating opposition leaders.

Claiming that the Central Government was acting out a "political vendetta", he said the raid was being held to "silence the voice" of his father.

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