National Herald Case: After interrogating Sonia and Rahul in the National Herald case, the Enforcement Directorate (ED) team has reached the Herald House in Delhi.
Days after Congress President Sonia Gandhi was questioned by the Enforcement Directorate (ED) in an alleged money laundering case related to the National Herald newspaper, today around ten locations, including the National Herald newspaper offices, were raided. The ED had asked Sonia Gandhi over 100 questions in the matter for three days last month. Prior to that, Congress MP Rahul Gandhi was questioned by the ED for five days, in which about 150 questions were asked to Rahul Gandhi. Let us tell you that the Congress had staged a nationwide sit-in protest against the ED’s questioning of Sonia Gandhi. The Congress alleges that the Modi government is using the ED to gain political mileage in the elections and harass the leaders of opposition parties.
The Gandhi family has been questioned by the ED in the “National Herald case” related to Young Indian’s acquisition of Associated Journals Limited (AJL), a company that runs the National Herald newspaper founded by India’s first Prime Minister Jawaharlal Nehru. The Enforcement Directorate says that Young Indian has misappropriated more than ₹800 crore in the assets of AJL. According to the Income Tax Department, it should be treated as the property of Sonia Gandhi and Rahul Gandhi, the shareholders of Young Indian, for which they should pay tax.
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At the same time, Rahul Gandhi shared a post shortly before this raid in which he has targeted the central government regarding inflation. He said in the post that neither we will be afraid nor will we be afraid. The country is battling an epidemic of unemployment, crores of families are left with no means of stable income. But the government is spending billions of rupees just to polish the image of an ‘arrogant king’.
What is the National Herald Case?
National Herald is a news paper which was started by Pandit Nehru in the year 1938. It was owned by Associated Journals Limited ie AGL, but after 70 years in the year 2008, the newspaper had to be closed due to losses. It is alleged that with the consent of Congress President Sonia Gandhi, a loan of 90 crores was given to AGL from Congress funds.
Later, Sonia and Rahul Gandhi took over the property of this newspaper by forming a company named Young India. Apart from Sonia and Rahul, Motilal Vora and Oscar Fernandes also had stake in Young India. Both died. In 2012, a petition was filed on behalf of Subramanian Swamy, questioning the entire alleged deal.
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In the year 2014, summons were issued from the court against Sonia and Rahul. After this the ED is probing the matter. In 2015, both the leaders were granted bail by Delhi’s Patiala House Court. At the same time, in the year 2016, the Supreme Court allowed both the leaders not to appear in person during the hearing in the court but did not close the case.
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