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HindustanTimes Fri,18 Apr 2014

CBI closes DA case against Mulayam Singh Yadav

HT Correspondent, Hindustan Times  New Delhi, September 20, 2013
First Published: 23:16 IST(20/9/2013) | Last Updated: 02:47 IST(21/9/2013)

Citing lack of evidence, the CBI on Friday closed a six-year-old disproportionate assets case against Samajwadi Party chief Mulayam Singh Yadav and his sons Akhilesh and Prateek.

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The move would come as a huge breather to the former chief minister of Uttar Pradesh and Akhilesh, the incumbent CM,  at a time when their party is facing flak for mishandling the communal riots in Muzaffarnagar. 

A CBI source said that the Yadavs’ chartered accountants had managed to explain each asset under the agency’s scanner. “After exploring every possible avenue, the CBI has closed the preliminary enquiry against Mulayam Singh Yadav and his family members on account of grossly insufficient evidence,” said the source.

The agency cited the Supreme Court’s order of December 13 last year in which it was said that the income, assets and expenditure pertaining to Dimple Yadav, wife of Akhilesh, should be excluded from those of her other family members. This order necessitated re-assessment of the evidence as the alleged disproportionate assets were in her name, the source said.

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The CBI source said the Yadavs produced evidence showing that the assets grew during between 1993 and 2005 because of loans from relatives, later made into gifts. Another reason for the miscalculation was “double accounting”.

In a claim that may raise several eyebrows, the source also said the probe had found that Yadav, Akhilesh and late Malti Devi had contributed only 10% in the total construction cost of R1.41 crore incurred for the family house at Saifai, Etawah. “The said house was constructed by Sughar Singh Yadav, who was part of their undivided family between April 1994 and March 2004,” the source said.

Advocate Vishwanath Chaturvedi, whose PIL in the Supreme Court in 2007 had led to the probe, said he will seek an urgent intervention by the apex court on Monday.

Video: DA case against Mulayam closed citing lack of evidence


On the construction of house at Saifai in Etawah, whose valuation was recommended, it was found that out of the total cost of Rs. 1.41 crore incurred on it, the contribution of Yadav and his son was less than 10%.

The house was constructed by Sughar Singh Yadav, head of the undivided family during the check period, the CBI said.

The agency also said that enquiry has not brought out any contribution of Yadav and his family members in the alleged benami properties in the name of Samajwadi Party and Ram Manohar Lohia Trust as mentioned by the petitioner Vishwasnath Chaturvedi in his plea before the Supreme Court.

The alleged stakes of Yadav and his family members in two educational institutions have been found not correct.

The allegation of benami properties acquired by his wife Sadhna in the name of his son Prateek (who was a minor during the check period) have not been found to have any basis, CBI said.

During the present enquiry, it was found that an amount of Rs. 51.85 lakh was earlier shown as income from loan in respect of Mulayam. However, it has been now been found to be a part of the gift amount of Rs. 79.35 lakh separately taken as income.

"This correction has led to reduction of Rs. 51.85 lakh in the income of Yadav," the agency said.

There have been instances which went against the Yadav family which included an expenditure of Rs. 8.42 lakh on account of Akhilesh's foreign education, election expenses to the tune of Rs. 25.95 lakh and a large number of items added on account of interest paid on loans, cash withdrawals reflected in Income Tax returns, stamp duty charges and gifts given to others.

"During the further enquiry conducted from December 2012 onwards in the light of Supreme Court orders, each and every item brought out in the earlier findings of CBI has been thoroughly re-examined and re-assessed.

"Care has been also taken to probe every single item finding mention in the writ petition. After exploring each possible avenue, CBI has closed the PE against Yadav and his family members, on account of grossly insufficient evidence," the CBI said.

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