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Fodder scam verdict: Lalu, Jagannath Mishra get 5-year jail term in third case

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Latest case involves fraudulent withdrawal of Rs. 33.67 crore from Chaibasa treasury against allocation of Rs. 7.10 lakh in 1992-93, Tejashwi cries conspiracy

Weeks after he was sentenced to serve three and a half years in jail in a case linked to the fodder scam, RJD chief Lalu Prasad Yadav was on Wednesday (January 24) found guilty in the Chaibasa Treasury case – also linked with the overarching fodder scam – and sentenced to five years in prison.

Another former Bihar chief minister, Jagannath Mishra, has also been held guilty of the swindle by the special CBI court in Ranchi and sentenced to a five-year jail term.

With the latest verdict, Lalu now stands convicted in three cases linked to the fodder scam while trial is on in two other cases against him and several other accused, including politicians and bureaucrats.

The RJD chief’s son Tejashwi Yadav has termed the conviction as “political vendetta” and said that an appeal will be filed against both the verdicts – Lalu was sentenced to 3.5 years jail term in the Deoghar Treasury scam on January 6 – in higher courts. Tejashwi added that the BJP, RSS and Bihar chief minister Nitish Kumar have conspired against Lalu to ensure his conviction in these cases that had come to light over two decades ago.

On Wednesday morning, the special CBI court of judge SS Prasad had announced a guilty verdict against Lalu, former Bihar Chief Minister Jagannath Mishra and 48 other accused in the Chaibasa treasury case while it acquitted six others. However, unlike previous instances when the courts had declared the accused guilty but set a separate date for pronouncing the quantum of punishment for them, Judge SS Prasad decided to declare the verdict and the sentence within hours of each other.

The latest case pertains to the fraudulent withdrawal of Rs 33.67 crore against an allocation of Rs. 7.10 lakh from the Chaibasa (now in Jharkhand) district treasury in 1992-93. Out of a total of 76 accused, 14 died during the trial, three turned approvers, two pleaded guilty and one is still absconding. Of the 54 who faced the trial, six are politicians, three former IAS officers, six Animal Husbandry Department officials, one treasury official and 40 suppliers to the department.

Earlier this month, Lalu and seven others had been convicted in the Deoghar Treasury case for fraudulent withdrawal of over Rs 89 lakh from the said treasury between 1991 and 1994. Besides the 3.5 years jail terms, each of these convicts had also been slapped with a fine of Rs 5 lakh. The first case linked with the fodder scam in which Lalu was found guilty back in 2013 was also related to fraudulent withdrawals from the Chaibasa treasury. That case had cost Lalu his seat in the Lok Sabha and he was sentenced to five years in jail although he managed to get bail from the Supreme Court after spending a little over two months in prison.

Lalu is currently serving a jail term at Ranchi’s Birsa Munda jail after being convicted in the Deoghar Treasury case. He had declined the special CBI court’s offer of lodging him in an open jail – a system where convicts are allotted independent cottages instead of being locked up in cells within prison premises and have other benefits like relaxed hours for meeting well-wishers, etc.

Two other cases related to the Rs 970 crore fodder scam – those linked to fraudulent withdrawals from the Dumka and Doranda Treasuries – are also in various stages on trial.

Jagannath Mishra who had served as Bihar chief minister for three terms – the last being in 1989-90 before Lalu assumed the office – was convicted in the first Chaibasa Treasury scam along with Lalu but was acquitted in the Deoghar Treasury case. The octogenarian leader, a former Congress heavyweight, had lost his wife Veena on January 22, just two days before the latest guilty verdict.

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Shashi Tharoor warns US tariffs on Iran could make Indian exports unviable

Shashi Tharoor has warned that cumulative US tariffs linked to Iran trade could rise to 75%, making most Indian exports to America commercially unviable.

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Shashi Tharoor

Congress MP and chairman of the Standing Committee on Foreign Affairs Shashi Tharoor has expressed serious concern over the United States’ latest tariff announcement targeting countries that continue to trade with Iran, warning that such measures could severely impact Indian exporters.

Reacting to the decision by US President Donald Trump to impose a 25% tariff on countries doing business with Iran, Tharoor said Indian companies would struggle to remain competitive if cumulative tariffs rise to 75%. He noted that India was already at a disadvantage compared to several regional competitors.

Tharoor said he had been troubled by the US tariff regime from the outset, pointing out that India was initially subjected to a 25% tariff while rival exporting nations in Southeast Asia were charged significantly lower rates. According to him, countries such as Vietnam, Thailand, Indonesia, Pakistan and Bangladesh faced tariffs ranging between 15% and 19% on labour-intensive goods exported to the US.

He explained that the situation had worsened with additional sanctions-linked duties. With the existing 25% tariff, another 25% related to Russia-linked sanctions, and a further 25% tied to Iran-related measures, the total burden could rise to 75%. At that level, Tharoor said, most Indian exports would no longer be commercially viable in the American market.

While noting that certain sectors such as pharmaceuticals may continue to export as they are not heavily impacted by sanctions, he warned that other key export categories would be hit hard. Tharoor described the situation as very serious and said it required urgent attention.

The Congress MP also expressed hope that the newly appointed US Ambassador could help facilitate progress on a bilateral trade agreement. He stressed that India could not afford to wait through the entire year for a deal and said an agreement should ideally be concluded in the first quarter of 2026.

Commenting on recent diplomatic engagements between India and the US, Tharoor underlined the need for faster consensus on trade issues. He said that at tariff levels as high as 75%, the idea of a meaningful trade deal loses relevance. According to him, a rate closer to what the UK enjoys with the US, around 15%, would reflect the respect due to a strategic partner.

Tharoor’s remarks come after President Trump announced that any country continuing business with Iran would face a 25% tariff on all trade with the United States, a move that has raised concerns among several trading partners.

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Indian Army symbolizes selfless service and duty, says PM Modi on Army Day

PM Narendra Modi on Army Day praised the Indian Army as a symbol of selfless service and unwavering duty, saluting the courage and sacrifice of its soldiers.

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pm modi speech

On the occasion of Army Day, Prime Minister Narendra Modi on Thursday paid tribute to the Indian Army, describing its soldiers as a symbol of selfless service who protect the nation with unwavering resolve, even in the most challenging circumstances.

In a message shared on social media platform X, the prime minister said the country salutes the courage and steadfast commitment of Indian Army personnel. He noted that their dedication to duty inspires confidence and gratitude among citizens across the country.

“Our soldiers stand as a symbol of selfless service, safeguarding the nation with steadfast resolve, at times under the most challenging conditions,” PM Modi said. He added that the nation remembers with deep respect those who have laid down their lives while serving the country.

Army Day is observed every year on January 15 to commemorate a historic moment in India’s military history. The day marks the appointment of Field Marshal K M Cariappa as the first Indian Commander-in-Chief of the Indian Army in 1949, when he took over from British officer General Sir F R R Bucher.

The occasion serves as a reminder of the Indian Army’s role in defending the country’s sovereignty and honour, as well as the sacrifices made by its personnel in the line of duty.

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Air India, IndiGo flights disrupted after Iran shuts airspace amid US tensions

International flights operated by Air India, IndiGo and SpiceJet were disrupted after Iran shut its airspace, forcing rerouting and cancellations.

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Air india flight

International flights operated by Air India, IndiGo and SpiceJet were disrupted on Thursday after Iran abruptly shut its airspace to commercial aircraft, triggering delays and cancellations on several long-haul routes.

Iran ordered the closure of its airspace without providing an official explanation, as tensions remain elevated between Tehran and Washington and protests continue across the country against Supreme Leader Ayatollah Ali Khamenei.

Indian airlines issue travel advisories

Air India said its flights overflying the region are now operating through alternative routes, resulting in longer flight times and possible delays. The airline also confirmed that some services have been cancelled where rerouting is not feasible.

“Due to the emerging situation in Iran and the subsequent closure of its airspace, Air India flights overflying the region are using alternate routing, which may lead to delays. Some flights are being cancelled where rerouting is currently not possible,” the airline said in a statement on social media.

Passengers were advised to check flight status before travelling to the airport, with the airline reiterating that passenger and crew safety remains its top priority.

IndiGo also acknowledged disruptions to its international network, describing the situation as a “sudden airspace closure” beyond the airline’s control. The carrier said it is working to assist affected passengers by offering alternative travel options.

Customers have been advised to use flexible rebooking options or claim refunds, depending on their preference.

SpiceJet issued a similar advisory, confirming that some of its flights have been impacted due to the closure of Iranian airspace.

Airspace shutdown linked to regional security concerns

According to official notices issued to pilots, Iran’s airspace closure is expected to remain in place until 7:30 am local time. The move comes amid heightened regional tensions and follows earlier shutdowns during military confrontations involving Israel earlier this year.

Aviation risk monitoring platforms have noted that several international airlines are already avoiding Iranian airspace, citing concerns over possible military activity, air defence operations and the risk of misidentification of civilian aircraft.

The situation continues to be monitored closely, with further disruptions possible if the airspace restrictions are extended.

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