Misa Bharti's accountant Rajesh Agarwal arrested by ED in money laundering case
Senior Bihar BJP leader Sushil Modi had alleged that Misa Bharti had laundered money through a shell company to purchase a farmhouse in Delhi.
In Short
- Misa Bharti's CA Rajesh Agarwal in connection with a money laundering case.
- Kumar's arrest came days after I-T raids at Lalu's properties at 22 locations.
- BJP's Sushil Modi had alleged that Bharti laundered money through a shell company.
The Enforcement Directorate (ED) has arrested Lalu Prasad's daughter Misa Bharti's chartered accountant Rajesh Agarwal in a money laundering case and will produce him in a Delhi Court today.
Last week, senior BJP leader Sushil Kumar Modi had alleged that Bharti had laundered money through a shell company to buy a farmhouse at New Delhi's Bijwasan area at a throwaway price.
The Bihar BJP leader had claimed that Misa Bharti converted her black money into white through dubious transaction of sale and purchase of shares of her company, Mishail Packers and Printers Pvt Ltd. The company was incorporated with an investment of Rs 1 lakh in 2002 and registered at Lalu Yadav's then official bungalow 25, Tughlaq Road, New Delhi. It was closed in 2005-06.
Modi claimed Bharti had sold her company's shares of face value of Rs 10 each to one Virendra Jain's Shalini Holdings at Rs 100 per share in October 2008, which allegedly fetched her Rs 1.20 crore. Eleven months later, she purchased all the shares at the rate of Rs 10 from Jain, Modi alleged, showing documents to support his claim.
Later in 2008-09, she purchased a farmhouse in New Delhi's Bijwasan area at Rs 1.41 crore whose estimated value at present would be around Rs 50 crore, Modi added.
Pointing out that Misa Bharti became the owner of Rs 50 crore by investing a mere Rs one lakh, Modi asked "Why would anyone buy shares of a closed company at the rate of Rs 100 per share against the face value of Rs 10 each? Why would the buyer again sell the same shares at Rs 10 each after buying it at Rs. 100?"
Sushil Modi had also alleged that Bharti had misused the address of Lalu Yadav's erstwhile official bungalow - 25, Tughlaq Road - as her company's address as such an allotment cannot be used for any commercial purpose.
Modi had also alleged that Lalu's two minister sons - Deputy Chief Minister Tejashwi Prasad Yadav and Health minister Tej Pratap Yadav - had amassed benami properties worth over Rs 1,000 crore through various shell companies in Bihar.
LALU RUBBISHES RAID REPORTS
Lalu has already dismissed reports Income Tax department raids on 22 locations in Delhi and adjoining areas.
"Tell me which 22 places the IT conducted raids," he told reporters in Patna a couple of days after the raids were conducted on May 16.
Attacking the Narendra Modi-led government at the Centre, the RJD chief predicted its "fall before completing the five-year term".
"I am an astrologer and predict that the Narendra Modi government will not be able to complete its five-year term," the former Bihar chief minister said.
ALSO READ:
As Shatrughan Sinha comes out in support of Lalu Prasad Yadav, Sushil Modi calls him BJP's 'shatru'
Stung by Income Tax raids, Lalu Prasad hits back, says will continue fight against Fascist BJP
Lalu Prasad Yadav burns Sushil Kumar Modi with a single tweet
WATCH: Income Tax raids at Lalu Prasad, daughter Misa Bharti's houses over dubious land deals