National Herald Case: Rahul Gandhi Appears Before ED

Congress leader Rahul Gandhi on Monday appeared before the Enforcement Directorate for questioning in the National Herald case. Congress workers protested against the central government in Delhi and other places.

Rahul Gandhi Appears Before ED

Rahul Gandhi Appears Before ED

The Enforcement Directorate has summoned Rahul Gandhi and Congress President Sonia Gandhi regarding the allegations of money laundering in the National Herald case. Presently, Congress president Sonia Gandhi is admitted to Sir Ganga Ram Hospital in Delhi due to covid-related issues .ED has issued a fresh summons for her for June 23,2022ED will record the statement of Rahul Gandhi as per the criminal sections of the Prevention of Money Laundering Act.

What is the National Herald case?

National Herald Case

The current money laundering case is about the newspaper National Herald. Started by India’s first prime minister Pandit Jawahar Lal Nehru in 1938, the newspaper was published by Associated Journals Limited.AJL was founded in 1937 and the shareholders in the company were five thousand freedom fighters. The company had 1057 shareholders in 2010. The company then went into losses and was handed over to Young Indian Private Limited in 2011. Congress leaders Rahul Gandhi and Sonia Gandhi were among the board of directors of the company.

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The case began in 2012 when Bhartiya Janta Party leader Subramanian Swamy filed a complaint in a trial court alleging congress leaders breaching of trust in the acquisition of Associated Journals Ltd by Young Indian Limited. As per the Income Tax Act, no political party can have financial transactions with a third party. Subramanian Swamy alleged that the funds were used inappropriately by the congress leaders.

Others Among The List

Bhartiya Janta Party leader Subramanian Swamy
Bhartiya Janta Party leader Subramanian Swamy

Subramanian Swamy further alleges that Young Indian Private Limited had paid only Rs 50 lakh for the right to recover Rs 90 crore Associated Journals Limited owed to the congress. In 2008, Associated Journals Limited owed the Congress an accumulated debt of Rs 90 crore but the Congress assigned this debt to Young India Private Limited which is a non-profit company, created a few months earlier. Others facing allegations in the case are Congress leaders Motilal Vora and Oscar Fernandes. Journalist Suman Dubey and entrepreneur Sam Pitroda are also on the list.

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Nakul Khanna

Nakul writes for ViralBake.com's news and other blogging sites. He also contributes to the other sections sometimes such as technology and entertainment. While he works as a sub-editor full-time, he makes YouTube videos

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