The special court was to deliver the verdict on July 15 in the case relating to the alleged fraudulent withdrawal of Rs. 37.7 crore from the Chaibasa Treasury in the 1990s.
Prasad's counsel, Supreme Court advocate Surendra Kumar Singh said that his client did not expect justice from the court as the judge was allegedly a relative of two Janata Dal(U) leaders, "who are his political opponents".
The special CBI court has been hearing arguments for the last one month and had on June 20 directed the accused, including Prasad, to complete arguments by July 1 and fixed July 15 to deliver the verdict.
Besides Prasad, former Bihar chief minister Jagannath Mishra, senior government officials, including IAS officers, and fodder suppliers were to appear before the court on the date.
Contacted, a senior CBI official said, "We were expecting such a move from the accused." As of May 31 this year, verdicts were delivered in 44 of the 53 cases in the Rs. 950 crore fodder scam, which was unearthed during the undivided Bihar regime.