IT Department Slaps Lalu’s Daughter with Penalty

Lalu’s daughter Misa Bharti was slapped with penalty, as she failed to appear before income tax department for interrogation into her alleged ‘Benami’ land deals case.

New Delhi:  The Income Tax Department summoned Misa Bharti, daughter of former Bihar Chief Minister Lalu Yadav, in connection with a ‘Benami’ land deal case.

Bharti was supposed to appear before IT sleuths for questioning on Tuesday, and since she chose not to do so, the department has issued a fresh notice asking her to appear before it on June 12.

The case is related to alleged land deals worth of Rs 1,000 crores linked to Misa Bharti.

As she failed to appear, despite a prior notice, the department has also slapped a penalty of Rs. 10,000 on her. Meanwhile, her husband Shailesh Kumar was summoned in the same case by the department for Wednesday.

The arrested Chartered Accountant Rajesh Kumar Agrawal allegedly linked to Bharti and others involved in the case was arrested by the Enforcement Directorate on May 22. Kumar is alleged to have aided in illegal transactions involving Lalu’s kin.

The IT officials stated that the summons to Bharti and her husband are part of investigation into the case and that their statements would be recorded.

A few other property deals are also under the radar of the income tax officials, as per reports.

The IT department officials said they would apply the provisions of the newly-enacted Benami Transactions Act, 1988, which became operational from November 1, 2016. The law provides for a maximum punishment of seven years in jail and a fine.

However, Lalu has sought to put up a brave face after the raids, saying he was ‘not scared at all’ and would continue to fight against ‘fascist forces’.

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Chartered Accountant Of Lalu’s Daughter Misa Bharti Arrested

Bihar’s senior BJP leader Sushil Kumar Modi, who has been levelling corruption allegations against Lalu and his family, asserted that there was a link between the Jain brothers and Misa.

New Delhi: Troubles of Rashtriya Janata Dal (RJD) supremo Lalu Prasad are only mounting day by day. In the latest development, a chartered accountant allegedly linked to Lalu’s daughter Misa Bharti was arrested in a money laundering case by Enforcement Directorate on Tuesday.

While the officials claimed that the arrest has been made in the context of Rajesh Aggarwal’s alleged role in an ₹ 8,000 crore money laundering case being probed by the central government’s financial crimes team and not his dealings with Misa Bharti, sources say that even the dealing regarding her companies is a part of this.

Charges were filed against Surendra Kumar Jain and Virendra Jain recently by the directorate in this case. They were two entry operators who were accused of creating shell companies, firms that don’t really carry any legitimate business activity but exist on paper to turn black into white. They were arrested in March.

With this arrest, it can be said that the Enforcement Directorate has come closest to the Lalu Yadav household. Last week, income tax officers raided nearly 20 premises looking for evidence of Lalu and his family’s proxy land deals to the tune of ₹ 1,000 crores.

Sources in the ED said that the officials believe that Misa Bharti too used chartered accountant Rajesh Aggarwal to launder money.  “He would obviously be questioned about all deals that he has facilitated during his questioning,” a government official said.

Bihar’s senior BJP leader Sushil Kumar Modi, who has been levelling corruption allegations against Lalu and his family, asserted that there was a link between the Jain brothers and Misa.

Modi recently accused Misa Bharti of laundering money through a shell company to buy a farmhouse at Delhi Bijwasan area at a throwaway price in 2008-09 when her father was a union minister.

Last year, Modi government ordered a crackdown on shell companies and the professionals such as lawyers and chartered accountants who help clients launder money. Nearly 1,200 shell companies have been detected and 22,000 beneficiaries used it to launder over 13,000 crores. As part of this drive, the enforcement Directorate had carried out searches across 100 locations to unearth 300 such companies.

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