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Besides the Rashtriya Janata Dal supremo, the IT raids were also carried out on the premises of party MP P.C. Gupta's residence as well as several businessmen and real estate agents in Delhi and Haryana's Gurugram and Rewari.

The raids, which came on the third anniversary of BJP-led National Democratic Alliance's thumping victory in Lok Sabha elections, led Chidambaram to allege that he was being targeted for his criticism of the Narendra Modi government. "There are allegations of Benami deals worth about Rs 1,000 crore and subsequent tax evasion", a senior official told the news agency.

Lalu Yadav's RJD is a partner in the government of Bihar Chief Minister Nitish Kumar, who has said that if the BJP or central government have evidence of his ally's corruption, they should take action.

Bihar CM Nitish Kumar and RJD chief Lalu Yadav. Lalu's younger son Tejashwi Yadav is Deputy Chief Minister and elder son Tej Pratap Yadav is Bihar Health Minister. "A profit worth 1000 crores is questionable, and hence he is under the scanner", said Prasad, alleging that the state was looted during his tenure as Chief Minister. BJP leader Sushil Kumar Modi termed the raids an offshoot of Nitish Kumar's statement that "the competent authorities should act on the allegations".

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Some days before BJP suspected Lalu Prasad and his families of being convoluted in unethical land transactions. "We expect the Central government to take appropriate action", the Union minister had said.

Mamata Banerjee's tweet was in response to Lalu Yadav's post from two days ago, when he had alleged a conspiracy to jail him to ensure that he can not hold a mega rally he has announced in August to bring together parties to take on the ruling BJP. All the companies owned by Prasad's family members for the objective of these land transactions had no employees, no business activities and no turnover, the Union minister claimed. The Law now is taking its course and this should be welcomed, ' said Manjhi.

He had alleged Bihar's biggest shopping mall spread over 7.5 lakh square feet which was coming up in Patna was part of such "dubious" transactions. "Whatever is happening today. sometimes with (Samajwadi Party leader) Akhilesh (Yadav), sometimes with (Odisha Chief Minister) Naveen Patnaik, sometimes with Laluji, Chidamabaram, (Delhi Chief Minister Arvind) Kejriwal", Mamata told reporters.

He was asked about the opposition charge against the government of using CBI and I-T department to go after opposition leaders.