CBI also imposed a fine of Rs 30,000 on each of the convicted.
Lalu is accused in five of the 39 cases related to the scam.
There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu.
The court had on March 19 held the 69-year-old Rashtriya Janata Dal chief guilty along with 18 others in connection with the case - RC 38 A/96.
Prime Minister Narendra Modi on Tuesday said the people have given his government a mandate for stability and continuity for the third consecutive term after seeing its work of 10 years and accused the Congress of trying to build a narrative that it has defeated the Bharatiya Janata Party-led National Democratic Alliance in the Lok Sabha polls.
Prasad will face charges including criminal conspiracy and fraud in the fresh trial.
A special CBI court on Friday sentenced disqualified Janata Dal-United MP Jagdish Sharma to four years rigorous imprisonment in a fodder scam case.
In a surprise move, Central Bureau of Investigation director Ranjit Sinha has advocated the dropping of charges against Lalu Prasad Yadav in the three pending cases which are offshoots of the infamous fodder scam in which the Rashtriya Janata Dal leader has been convicted in one of the cases.
The formidable political leader and former union minister was sentenced by a special Central Bureau of Investigation (CBI) court to five years' prison term and slapped with a fine of Rs 60 lakh during the day in connection with the embezzlement of Rs 139 crore from Doranda treasury in the fodder scam.
If the BJP gets only 200 seats and wants to remain in power, Modi will have to make way -- either for a proxy of his choice, or for an internal rival, predicts Nilanjan Mukhopadhyay.
Rumour has it that former Bihar chief minister Lalu Prasad had once misbehaved with Amit Khare, the then district commissioner of Chaibasa in south Bihar, in full public view. The incident was enough to enrage the strong lobby of Indian Administrative Service officers to take on the all-powerful chief minister.
A special Central Bureau of Investigation court on Friday convicted 58 accused in the fodder scam, including seven women, for fraudulently withdrawing over Rs eight crore from the Chaibasa Treasury in the early 1990s.Delivering the verdict, the court of R R Tripathy also acquitted three accused in the case.Former animal husbandry officials R N Barman, Kameshwar Prasad Singh, Audhesh Kumar Singh and N R Prasad Sinha were sentenced to three years rigorous imprisonment.
A Central Bureau of Investigation court in Ranchi will pronounce its judgement on Monday in the multi-crore fodder scam, in which Rashtriya Janata Party chief Lalu Prasad, if convicted, will face immediate disqualification as a Lok Sabha member.
Rajya Sabha proceedings were adjourned for the day as amid uproarious scenes with the opposition and treasury benches shouting slogans.
Former Bihar chief minister and Rashtriya Janata Dal supremo Lalu Prasad on Tuesday appeared before a special Central Bureau of Investigation court, which recorded his statement in connection with a fodder scam case. The court of Pravas Kumar Singh recorded the statements in the case pertaining to alleged fraudulent withdrawal of nearly Rs 37.7 crore from Chaibasa treasury between 1992 and 1995. Lalu faces charges in six fodder cases -- five in Ranchi and one in Patna.
He had moved the court on October 17 against his conviction and sentencing in a fodder scam case and filed a bail petition.
The same sentence was also given to former officers K M Prasad (assistant director), Brajnandan Prasad Verma, Chandra Kishore Lal, Hemendra Kumar, Sunil Kumar Sinha, Braj Bhusan Prasad and Bhubaneswar Sahay.
The Congress leader's remarks had drawn a sharp response from the treasury benches, with Law Minister Kiren Rijiju asking him not to level "wild allegations" and to furnish proof of his claims.
Two former legislators -- R K Rana and Dhruv Bhagat -- were sentenced to five years imprisonment Monday in a fodder scam case by a special Central Bureau of Investigation court in Ranchi.
For the first time, the main accused in 23 cases was convicted.
'The financial sector will be hit even harder than the overall market.' 'The banking sector will eventually be rescued.' 'But it may go into a long downwards spiral before things turn around.' 'Threat or buying opportunity?' asks Devangshu Datta.
Main opposition Bharatiya Janata Party on Monday once again targeted Prime Minister Manmohan Singh in Rajya Sabha on missing files pertaining to coal mines allocation saying the scam is "monumental" and demanded that he clarify on it.
The no-confidence motion was defeated by voice vote in the state assembly shortly after 1 am following a 13-hour debate.
In a blistering attack against the BJP over the violence in Manipur, Congress leader Rahul Gandhi on Wednesday alleged that its politics had "murdered Bharat Mata" in the northeastern state and termed members of the ruling party "traitors".
The former Bihar chief minister is most likely to be shifted to the hospital in the national capital on Tuesday itself, they said.
Targetting Chief Minister Oommen Chandy over the solar scam, Communist Party of India-Marxist-led Left Democratic Front opposition created an uproar in the Kerala assembly, which resumed its sitting on Monday after a fortnight's interlude.
Monday's verdict in the fodder scam, sending former Bihar chief minister Lalu Prasad Yadav to jail, for which he could be disqualified as a member of the Lok Sabha - which could jeopardize the UPA government's already wafer-thin majority, is all over the news but how much do you know about it? Check out our primer.
The agency on Monday questioned three general managers of the Punjab National Bank who have handled the -International Banking Division and Treasury department of the bank, officials said without revealing their identity.
The petitions of Rashtriya Janata Dal chief Lalu Prasad Yadav to transfer one of his fodder scam cases to another special Central Bureau of Investigation court from the present court of Pravas Kumar Singh and examining one more witness were dismissed by the Jharkhand high court on Monday.
More than 60 individuals and entities, an overwhelming number of them Indians, were on Thursday charged by the Justice Department for allegedly participating in a multi-million dollar scam involving call centres based in India which conned thousands of American citizens.
Judge J K N Tiwari sentenced 13 of them to three years' rigorous imprisonment and slapped fines ranging between Rs 45,000 and Rs 65,000.
The Supreme Court agreed to change the trial judge hearing case against Rashtriya Janata Party Chief Lalu Prasad in the fodder scam on Tuesday.
In a big blow to Rashtriya Janata Dal chief Lalu Prasad Yadav, the Supreme Court on Tuesday rejected his plea for transfer of the special CBI judge hearing the fodder scam case against him in Jharkhand and asked the trial court to pronounce the verdict as soon as possible.
With the all-party meetings called by Rajya Sabha Chairperson Jagdeep Dhankhar and Lok Sabha Speaker Om Birla producing no breakthrough to end the deadlock in Parliament, Union ministers Piyush Goyal and Pralhad Joshi accused opposition parties of repeatedly 'insulting' Dhankhar.
The Jharkhand high court on Friday deferred till November 27 Rashtriya Janata Dal chief Lalu Prasad's bail plea hearing in a fodder scam case related to Dumka treasury, after the Central Bureau of Investigation sought more time to file a written reply in the matter.
Leading the Opposition attack over the Adani-Hindenburg issue in the Lok Sabha, Rahul Gandhi on Tuesday linked Gautam Adani's meteoric rise to Prime Minister Narendra Modi's coming to power and said "magic" happened after 2014 that propelled the businessman from the 609th to the second spot on the global rich list.
An industry of scamsters is operating in the guise of call centres in India.
The scam has offered Lalu Prasad an opportunity to point fingers at Nitish Kumar and Sushil Kumar Modi.
Members from Opposition and treasury benches had a heated exchange of words in Rajya Sabha on Tuesday over Prime Minister Narendra Modi's remarks on foreign soil that he wanted to clean the dirt of 60 years forcing three adjournments in the pre-lunch session.
The Kerala Assembly on Thursday witnessed uproarious scenes over the solar scam with the Communist Party of India-Marxist-led Left Democratic Front opposition and ruling United Democratic Front headed by Congress coming face-to-face, leading to the adjournment of the House for the day.
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