New Delhi: Misa Bharti, the daughter of Rashtriya Janata Dal (RJD) duo Lalu Prasad Yadav and Rabri Devi, could be in a heap of trouble after the office of the Enforcement Directorate (ED) on Tuesday sealed her posh farmhouse property at the outskirts of Delhi under tough money-laundering law of the nation.
As reported, the ED, in an early morning move, sealed the farmhouse in Bijwasan owned jointly by Misa Bharti and her husband Shailesh Kumar. According to legal documents obtained by the ED department, the property is listed to have a value of a paltry 1.41 crore rupees even though the actual market value of the farmhouse is believed to be Rs. 40 crore.
Bharti and her husband face money-laundering charges that could result in tough sentencing.
It may be recalled that this property was bought by Misa Bharti and Shailesh Kumar in the name of a reported fake company setup for the purpose of avoiding paying tax and to hide the source of income. The deal took place between 2008 and 2009 when Bharti's father was India's Railway Minister.
Misa Bharti, a Rajya Sabha MP, has not held a job in her entire adulthood and though her husband had been said to be working in some IT company, it is not clear which company or which city he works at.
After a series of raids at their properties in many places earlier this year, the husband-wife duo has been charged with laundering over Rs. 800 crore obtained illegally through shell companies and fraudulent real estate deals.
Their Chartered Accountant Rajesh Agrawal in Delhi was earlier arrested on charges of helping people convert their black money into white money through a host of shady deals, including setting up shell companies, to acquire properties of high values. He, however, was granted conditional bail in the case yesterday.BLOG COMMENTS POWERED BY DISQUS