Lalu's daughter paid ?5,000 for Delhi bungalow: I-T Dept
RJD chief Lalu Prasad Yadav's daughter, Chanda Yadav paid ?5,000 for a bungalow in Delhi's New Friends Colony, an investigation by the Income Tax (IT) Department revealed. The probe further revealed that the bungalow which is co-owned by her siblings Tejaswi and Ragini was acquired via a shell company and the source of company's funding was found to be bogus.
Rashtriya Janata Dal Chief Lalu Prasad Yadav's daughter Chanda Yadav paid a paltry sum of Rs 5,000 to become one of the owners of a posh bungalow in Delhi's elite New Friends Colony. Her brother Tejaswi and Ragini were the other two owners.An investigation by the Income Tax department into the alleged benami transactions of Lalu's children for buying properties in Delhi has revealed that AB Exports, the firm that purchased the bungalow for Rs 5 crore, was a shell company. This company in turn received funds from other five shell companies operating from Mumbai. The funds were used to buy the bungalow in its name (name of AB Exports). Later, the company was taken over by Lalu's relatives through share transfer.Also read | ED to seize Lalu Prasad's daughter Misa Bharti's Delhi farmhouse