Land-for-job 'scam': Delhi court defers order on framing charges against Lalu Yadav, others
New Delhi (PTI): A Delhi court on Thursday deferred its order on framing of charges in the alleged land-for-job scam involving RJD chief Lalu Prasad Yadav, his family members and others.
Special CBI Judge Vishal Gogne directed the CBI to file a status report after verifying the status of the accused persons in the case. Of the 103 accused persons in the case, four have died.
Judge Gogne posted the matter for further proceedings on December 8.
The CBI had filed chargesheets against Lalu Yadav, his wife and former Bihar chief minister Rabri Devi, their son and former deputy chief minister Tejashwi Yadav and others in connection with the alleged scam.
The prosecution has alleged that the appointments in the Group-D category of the West Central Zone of the Railways based in Jabalpur, Madhya Pradesh, were made during Lalu Yadav's tenure as railway minister from 2004 to 2009 in return for land parcels gifted or transferred by the recruits in the name of the RJD supremo's family or associates.
The CBI has also claimed that the appointments were made in violation of norms and that the transactions involved benami properties, amounting to criminal misconduct and conspiracy.
The accused have denied the charges, claiming the case is politically motivated.
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Rupee falls 9 paise to all-time low of 90.58 against US dollar in early trade
Mumbai (PTI): Rupee depreciated 9 paise to an all-time low of 90.58 against US dollar in early trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.
Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-US trade deal front.
At the interbank foreign exchange market, the rupee opened at 90.53 against the US dollar, then fell further to an all-time intraday low of 90.58 against the greenback, registering a fall of 9 paise over its previous close.
On Friday, the rupee had slipped 17 paise to close at an all-time low of 90.49 against the American currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 98.35.
Brent crude, the global oil benchmark, was trading higher by 0.52 per cent at USD 61.44 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex was trading 298.86 points lower at 84,968.80, while the Nifty was down 121.40 points at 25,925.55.
Foreign Institutional Investors sold equities worth Rs 1,114.22 crore on Friday, according to exchange data.
"FPIs continue to be in selling mode in equity and debt while RBI has been selling dollars to fund their long positions," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
