The court has now fixed the matter for scrutiny of documents on September 29.
The CBI has named Prasad, his wife Rabri Devi, and daughters Misa Bharti and Hema Yadav, in addition to 12 people who were given jobs in Railway zones of Mumbai, Jabalpur, Kolkata, Jaipur, Hajipur, the officials said.
The court directed him neither to leave the country without permission nor change his address and mobile number during the bail period.
The rest, investigators claimed, were floated as "dummies" to act as cover for unleashing the alleged ponzi scheme.
Madhya Pradesh Governor Ram Naresh Yadav's son Shailesh, who was recently named as an accused in the multi-crore Vyapam scam in MP, was found dead on under mysterious circumstances at his father's official residence in Lucknow.
The CBI has been probing the activities of 44 ponzi companies in the state which allegedly duped thousands of investors of their hard earned deposits.
He said the country has witnessed a journey from indecisiveness to clarity and decisiveness.
This is perhaps for the first time the CBI raided a serving police chief of a state.
He arrived at the CBI headquarters early in the morning to face the investigation team. The questioning is likely to continue throughout the day with a lunch break, they said.
Currently the currency in stock is about Rs 2 lakh crore and the reserves are adequate to meet any unusual spurt in demand
The so-called soil scam has left Lalu alone in the Mahagathbandhan.
The Madras high court on Friday upheld the arrest of Minister V Senthil Balaji by the Enforcement Directorate (ED) in a money laundering case and his subsequent remand in judicial custody by a sessions court.
A string of populist promises, including extension of the free ration scheme announced by Prime Minister Narendra Modi, the Mahadev betting app issue and the Hindutva card are among key factors that have catapulted the Bharatiya Janata Party to power in Chhattisgarh after five years.
Trinamool Congress general secretary Abhishek Banerjee along with party leaders and workers sat on a dharna at the Rajghat in New Delhi on Mahatma Gandhi's birth anniversary on Monday demanding the release of funds for West Bengal by the Centre.
The Enforcement Directorate on Sunday conducted searches in various Uttar Pradesh cities after it registered a money laundering case to probe the alleged Rs 3,700 ponzi scam case perpetrated by seeking fake social media 'likes' from lakhs of gullible investors by a Noida based firm.
It was a multi-million rupee scam whose extent and reach are still being unravelled, so why did the chief of the scam-tainted Saradha group Sudipta Sen plead that he was unable to pay Rs 30,000 as bail fee? Where could all the money have gone? Indrani Roy finds out.
An impartial probe into the coal scam can only take place once Prime Minister Manmohan Singh steps down from office, Bharatiya Janata Party said on Friday in reaction to his offer to face CBI in a coal block allocation case.
AAP spokesperson and MLA Atishi said Sisodia was arrested because of growing popularity of the party and its leader Arvind Kejriwal.
Almost three months after announcing his new party, former Karnataka minister and mining baron G Janardhana Reddy on Monday announced 'football' as its poll symbol, the first list of candidates, and also manifesto, ahead of the assembly elections due by May.
The court said a 'scam was created when there was none'.
The central government, in its typical sledgehammer style, has unleashed the might of its investigative agencies like the Enforcement Directorate against NCP and Shiv Sena leaders.
Modi said not a single leader of the opposition grouping INDIA has uttered a word against the "disrespect" for women.
The Congress needs to reorganise itself at the grassroots, infuse younger blood, and have more boots on the ground. Just offering freebies is not the answer anymore. Leadership matters, asserts Ramesh Menon.
A viral video showed the Lokayukta sleuths intercepting the MLA at the Kyathasandra toll gate in Tumakuru when was heading for Bengaluru.
Calling Prime Minister Narendra Modi "Saheb" during a discussion on the government's resolution on good works in the Delhi assembly's special session, Kejriwal said the nation is not with him in his "theatrics".
'The CoA (which is running the show in AIFF after the suspension of president Praful Patel) must go deep into this appalling incident and find out who all are responsible behind it. There are many scams waiting to see the light of the day.'
The PM blamed the UPA regime for the problems in the banking sector.
Maharashtra government on Saturday gave a clean chit to Deputy Chief Minister Ajit Pawar in the irrigation scam as it tabled in the Legislative Assembly the report of Madhav Chitale committee on the issue alongwith the Action Taken Report.
Twenty-six immovable properties worth Rs 101.45 crore, and bank balance totalling Rs 2.28 crore in 22 accounts have been attached provisionally under the Prevention of Money Laundering Act (PMLA) by the Lucknow zonal office of the agency, they said. The Greater Noida-headquartered Bike Bot taxi service is accused of scamming about Rs 3,000-Rs 4,000 crore from 2.25 lakh investors in multiple states including Uttar Pradesh, Madhya Pradesh, Rajasthan and Haryana.
The former Bihar chief minister is most likely to be shifted to the hospital in the national capital on Tuesday itself, they said.
For the baning sector, 2018 was a 'Year of Exits' - borrowers fled from the country as loans went kaput and many bank CEOs were forced to leave
Promising Central Bureau of Investigation probe into mining, chit fund and other scams in Odisha, Congress on Friday said it would review all MoUs signed by BJD government in the state in last 10 years, provide pucca houses to landless and allowance to unemployed youths if voted to power.
The recapitalisation, the finance minister said, will enhance the lending capacity of state-owned banks and help them come out of RBI's Prompt Corrective Action framework.
It alloted 6000 non-convertible debentures of face value of Rs 10 lakh
During the debate on the 'Motion of Thanks on the President's Address', Leader of the House Piyush Goyal and Union Finance Minister Nirmala Sitharaman strongly objected to 'insinuations' against the prime minister, who was also present in the House.
'Neither the Centre nor the state is helping us, rather they are coming up with new ways to create stumbling blocks for the return of money.'
Congress general secretary (communications) Jairam Ramesh said they will pose three questions a day to Prime Minister Narendra Modi over the issue.
'If you look at household hospitalisation compensation, then you will find only one-third is hospitalisation. Two-thirds is outpatient.' 'Even if you provide Rs 5 lakh coverage, people will still have a tough time.'
Replying to questions on Dr Singh's statement on Thursday that he was ready to face CBI in the matter as he has nothing to hide, Congress spokesperson Randeep Singh Soorjewala said that the prime minister has "stated the obvious as nobody in the country is above the law".
The Delhi services bill was passed in the Rajya Sabha on Monday with 131 MPs voting in its favour and helping the government complete the parliamentary procedure for the proposed legislation that saw the opposition parties join ranks.
