Sushil Modi fires money laundering salvo at Lalu

Bihar deputy chief minister and BJP leader Sushil Kumar Modi fired yet another salvo at RJD chief Lalu Yadav alleging that the family used Awami Cooperative bank to launder their black money during demonetization drive.

Mr. Modi said that the cooperative bank which was being run by one of Lalu Yadav’s closest aide Anwar Ahmed also popularly known as “Kabab Mantri” in political circles relaxed bank rules for Lalu Yadav’s family to launder their money after demonetization was imposed.

“Awami Cooperative Bank was used by Lalu Yadav’s family to convert all their black money after Prime Minister announced demonetisation. Not only Lalu Yadav but several other RJD leaders exchanged all their ` 500 and ` 1000 currency notes”, Mr Modi said.

In April, the CBI had searched various locations in Patna which belonged to Anwar Ahmed and his other associates.

Mr Modi says that the investigating agency had recovered around ` 10 Lakhs during the raid. “Anwar Ahmed had used four trusts of his family to deposit ` 2000 and ` 500 after note- ban was imposed. They tried to show that money deposited in the account of these trusts was received as donations”. Mr. Modi said that ` 58 Lakhs of RJD chief Lalu Yadav and ` 15.62 Lakh were deposited in one of the accounts of Rabri Devi.

Anwar Ahmed had used four trusts of his family to deposit ` 2000 and ` 500 after note- ban was imposed — Sushil Kumar Modi, Deputy CM, Bihar