Bihar Dy CM alleges Sahara group helped Lalu's family buy property from Tata group through shell firm

Press Trust of India  |  Patna 

Deputy Chief today alleged that the group helped Lalu Prasad and his family in buying a posh property from the through a shell company here, a charge denied by the RJD.

When contacted, the group said it had nothing to do with the transaction, while the declined to comment.

Modi's allegation comes days after he claimed that Lalu Prasad's family, including his son Tejashwi, acquired a two-storeyed and Steel Company located in a posh locality of worth crores through a shell company named 'Fairgrow Holding Pvt Ltd'.

The deputy chief said the had in February attached a 7,105 sq feet two-storeyed house at 5, Riding Road, in Patna, located close to the airport and registered in the name of 'Fairgrow Holding Pvt Ltd'.

Talking to reporters here at the BJP office, Modi, who distributed IT department's inquiry proceedings regarding provisional attachment order of the said property, said, "Rajesh Kumar, who had made payment of Rs 65 lakh for buying the property in on behalf of Fairgrow holding, was neither a director, nor a share-holder, nor any employee of Fairgrow..."

"Rajesh Kumar, P.S. to J B Roy, the brother of Subrata Roy, and was also the Deputy MD of group, made the payment of Rs 65 lakh on behalf of Fairgrow company which was owned and run by and former Union and his brothers," alleged.

Rejecting the allegations, said that with the said firm, " Parivar or its member, neither has any business nor any relation of even an amount of one rupee ever".

"We would like to say that Sri is of Parivar. Regarding complaints of participation in against Sri Rajesh Kumar, a high level has been constituted. This committee would submit the report within 15 days," the group said in a statement.

also alleged that and people from Sahara group used to run Fairgrow company through dummy shareholders and directors in order to buy benami properties for Lalu Prasad's family.

Reacting to Modi's charges, and MLA Shakti Singh Yadav said, "Sushil Modi is hell-bent on terming Prasad Yadav's registered properties as benami ones...These allegations are not only baseless but far from reality."

Claiming that Modi was spreading rumours about Yadav, the said, "Since the has got tired of making false and frivolous allegations against Lalu Prasad, and hence he is now going after his (Prasad's) second generation just to hog the limelight.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 02 2018. 21:20 IST