Judge Shivpal Singh delivered the judgment in the case relating to fraudulent withdrawal of Rs31.3mn from December 1995 to January 1996 from the Dumka treasury.
Other politicians who were acquitted include then Chairmen of Public Accounts Committee Dhruv Bhagat and Jagdish Sharma, former MP RK Rana and former Bihar Minister Vidyasagar Nishad along with three IAS officers (now retired) Beck Julius, MC Subarno and Mahesh Prasad were also let off by the Court.
Earlier, LALU was convicted on September 30, 2013 in the RC 20A/96 case of Chaibasa pertaining to illegal withdrawal of Rs 37.7 crore in the 1990s. He was briefly produced and sought to know the quantum of sentence, after which, the court said the entire process would be completed between March 21 and 23.
His father, Lalu Prasad, is convicted in the fodder scam cases and is now lodged in a Ranchi jail.
His next conviction came in 2017, months after current Bihar chief minister and JD (U) chief Nitish Kumar walked out from an alliance with lalu Prasad and joined hands with the BJP to form a new government. 12 accused have been convicted in total, whereas five have been acquitted. The court found him guilty in the embezzlement of Rs 33.67 crore from Chaibasa district treasury during 1992-93. The 69-year-old Yadav is already serving a prison sentence in a related case (the Deogarh treasury). Lalu Yadav is sent to jail, while Jagannath Mishra is acquitted. Both Lalu Prasad and Mishra are facing five cases each in the fodder scam in Ranchi. Jagannath Mishra gets four years in jail. On Saturday, the court had deferred the judgemnent in the case.
On Friday, the Special CBI court had made three former bureaucrats of Bihar accountant-general's office accused in the fodder scam.
Emerging out of the court, Prasad told reporters he did not wish to make any comment, while party Vice President Raghubansh Prasad Singh said that they would challenge the order in the high court.