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Railways scam: Delhi High Court refuses to quash ED summons to man accused of transacting with family of Lalu Prasad Yadav

The multi-crore land for jobs scam concerns allegations that land was exchanged as bribes for candidates to secure Group D jobs in the Indian Railways during 2004-2009, when Lalu Prasad Yadav was the Railways Minister. Yadav and his family members were accused of accepting land as bribes to appoint people to these posts.

The allegation against Katyal concerns his time as the Director and major shareholder of M/s AK lnfosystem Pvt Ltd. At the time, the company is said to have received land parcels from the relative of a candidate who was selected as a Group D substitute in the Indian Railways.

In 2014, this company (AK lnfosystem) was handed over to the family members of Lalu Yadav without the exchange of any money.

It was also the ED’s case that the proceeds of the crime were utilised to purchase a property in New Friends Colony, New Delhi in the name of M/s AB Exports Private Limited, and that Katyal, who was a close aide of Lalu Yadav, had applied for the electricity connection for the said property to allegedly facilitate its enjoyment by Lalu Prasad Yadav and his family.

Source: Barandbench

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