What is national herald case

Last Updated: 13th June, 2022 15:50 IST 'No other solution...' | National Herald Case: Subramanian Swamy Claims 'Rahul & Sonia To Receive Stern Punishment' BJP's Subramanian Swamy spoke to Republic TV over ED's summonsin the National Herald case and claimed that Rahul & Sonia Gandhi will receive stern punishment. BJP leader and Member of Parliament Subramanian Swamy on June 13 reacted to the Enforcement Directorate's summons in the National Herald case and claimed that Sonia Gandhi and Rahul Gandhi will face stern action. In an exclusive conversation with Republic Media Network, the BJP leader stated that they have committed a big fraud of foreign exchange as per the information accessed by the Dotex company's account information. "This is a big scam. Young Indian had only Rs 5 lakh in its share when it came into existence, they had to give 50 lakh to the Congress. Soon, a loan of Rs 1 crore was obtained allegedly from a Kolkata-based Dotex company and 50 lakh was given to Congress. According to social journals, the amount was taken as a loan, but as per the account information of the Dotex company it was given in the form of a donation," he said. Subramanian Swamy further stated, "now the question is on what basis they gave Congress 50 lakh without any interests, deposits or collateral. After my complaint when (ED) investigated this matter, then it came to the light it was given in an exchange with the foreign currencies. Therefore, it was revealed that they did a big fra...

National Herald Case: Here’s everything you need to know about the case BJP leader Subramanian Swamy filed the case against Gandhis in 2012, accusing them of misusing party funds to purchase a company that published the National Herald newspaper and alleged that Young Indian Pvt Ltd (YIL) took over the assets of the National Herald, the defunct print media outlet, in a malicious manner to gain profit and assets worth Rs 2,000 crore. The National Herald scam is one of the most infamous legal cases in Indian history. This high-strung drama witnessed Rahul Gandhi’s anticipated appearance at the ED amid Congress fanfare. The Congress carried out a ‘satyagraha’ march to the office of the ED, and party leaders alleged that the current dispensation was indulging in ‘vendetta politics.’ Congress is in complete denial mode and protesting nationwide against the ED questioning Rahul Gandhi in the National Herald case. Chronology of the National Herald Scam The National Herald case involves three key players — Associated Journals Ltd, Young India Ltd, and Congress. The National Herald newspaper was founded by Jawaharlal Nehru in 1938 in Lucknow as part of the independence movement against the British. The newspaper, published by Associated Journals Limited (AJL), became a mouthpiece of the Congress party after Independence. When the National Herald suspended operations in 2008 due to heavy losses, it was estimated that the newspaper had properties worth Rs 2,000 crore in Delhi, Luckno...

The Enforcement Directorate (ED) on Monday summoned Congress president Sonia Gandhi and her son Rahul Gandhi in the National Herald case. While Rahul has been summoned on June 2, Sonia will be questioned on June 8. Here’s is a lowdown on the case: What’s the National Herald case all about? Sonia, Rahul and their associates, have been charged with misappropriating profit and assets worth over ₹2,000 crore of Associated Journals Limited (AJL), after allegedly acquiring through fraudulence all its shareholdings and properties, via the company Young Indian. AJL and National Herald AJL, a brainchild of Jawaharlal Nehru, was founded in 1937 as an unlisted company to support 5,000 freedom fighters who were made its shareholders. The company published the English daily National Herald, as well as Qaumi Awaz in Urdu and Navjeevan in Hindi. The newspapers, however, were shut down in 2008 after the parent company ran into a debt. AJL had earlier taken an interest-free loan of ₹90.25 crore from Indian National Congress. Also read: In 2011, Young India, which has Sonia and Rahul on its board of directors, took over all the shareholding and properties worth ₹5,000 crore. Young India was set up in 2010, with Rahul as its director. Both Sonia and Rahul had 76 per cent shares in the company while the remaining 24 per cent were held by Congress leaders Motilal Vora and Oscar Fernandez. In 2012, BJP leader Subramaniam Swamy filed a case against Sonia, Rahul and other Congress leaders, accusi...

Sources in the Enforcement Directorate (ED) said that Congress leader Rahul Gandhi, who is being questioned in the National Herald case, put the onus of entire transaction of takeover of Associated Journals Ltd (AJL) on late Motilal Vora, former Congress treasurer. Congress leader Rahul Gandhi, sources said, told the ED that former Congress treasurer Motilal Vora was responsible for all the transactions related to the Young Indian’s acquisition of Associated Journals Ltd’s (AJL) assets worth hundreds of crores from the party. Congress?s Motilal Vora died in December 2020 and was also questioned by the ED in the National Herald case. #BREAKING | #NationalHeraldCase | Rahul Gandhi blames Moti Lal Vora in the case who passed away in the year 2020.@Ashish_Mehrishi & @_pallavighosh with details.Join the broadcast with @toyasingh pic.twitter.com/JieRR3mF0f ? News18 (@CNNnews18) June 16, 2022 Congress leader and former party chief who was questioned for the third consecutive day on Wednesday over Young Indian (YI), a company controlled by the Gandhi family that had taken over properties of AJL, denied having any personal knowledge of transactions being investigated for the alleged money laundering in the light of a report of the income tax department. ALSO READ: What Is the National Herald Case In Which ED Is Questioning Rahul Gandhi | News18 Explains BJP leader Subramanian Swamy filed the case against the Gandhis in 2012, accusing them of misusing party funds to purchase a compa...

By Aneesha Mathur: Herald house, a dusty white building on Delhi's former " Fleet Street"- Bahadurshah Zafar Marg - is a stone's throw from the ITO in the heart of Delhi. It is also one of the sizeable assets controlled by Associated Journals Limited (AJL), whose shares and assets were transferred to Young Indian (YI). At present, the Herald house, a 0.3 acre, five-storey building, is a part of the assets under control of the Associated Journals Limited and has a Passport Seva Kendra operating from two of its floors. A "commercial" gift and photocopier shop- Akash gift shop, also remains operational on its ground floor. At the same time, the digital notice board and poster outside the building states that a weekly newspaper is being published by AJL from the building, though the security guard claims he has no knowledge of any office in the building. The building itself has been the subject of litigation, with the land and development office of the DDA initiating proceedings against AJL for eviction under the public premises act in 2018. According to the order passed by the DDA L&DO, a "breach notice" was sent in October 2016, and subsequently inspections of the property were carried out. The L&DO decided to cancel the lease granted in 1967, after it was found that the ground floor as well as the first floor was let out to Passport Office, whereas second and third floors were let out to Tata Consultancy Agency and fourth floor was being used by petitioner/lessee-AJL. In ad...

New Delhi: The National Herald case, in which the Enforcement Directorate is questioning Rahul Gandhi, involves the Young Indian's takeover of AJL (Associated Journals Limited) -- the company that runs the National Herald newspaper -- and the dealings thereafter. The Congress has refuted all allegations and claimed the case is being used for "political vendetta" by the ruling BJP. The Enforcement Directorate charge: The Young Indian company, which took over AJL, a company which runs the National Herald newspaper, also took over Rs 800 crore in assets of AJL. According to the Income Tax department, this should be considered an asset of the shareholders of Young Indian -- Sonia Gandhi and Rahul Gandhi, for which they should pay tax The Congress counter: Assets of AJL went to a Young Indian, a non- profit, and so the shareholders could not make any money from assets since that is not allowed under the law. The Income Tax order has been challenged in court and is pending in the Supreme Court. The Enforcement Directorate charge: The Congress claims Young Indian is a non-profit but it has not done any charitable work. The only transaction it did was the transfer of AJL's debt. The Congress counter: The objective of Young Indian was to ensure the newspaper was running, the newspaper is the charity here. The Enforcement Directorate charge: Young Indian took debt for AJL of Rs 50 lakh. What is the source of this Rs 50 lakh? The Congress counter: Young Indian took a loan from the Do...

The case to investigate alleged financial irregularities under the PMLA was registered about nine months ago after a trial court took cognisance of an Income Tax Department probe carried out on the basis of a private criminal complaint filed by former Bharatiya Janata Party (BJP) MP Subramanian Swamy in 2013.

New Delhi: The National Herald case, in which the Enforcement Directorate is questioning Rahul Gandhi, involves the Young Indian's takeover of AJL (Associated Journals Limited) -- the company that runs the National Herald newspaper -- and the dealings thereafter. The Congress has refuted all allegations and claimed the case is being used for "political vendetta" by the ruling BJP. The Enforcement Directorate charge: The Young Indian company, which took over AJL, a company which runs the National Herald newspaper, also took over Rs 800 crore in assets of AJL. According to the Income Tax department, this should be considered an asset of the shareholders of Young Indian -- Sonia Gandhi and Rahul Gandhi, for which they should pay tax The Congress counter: Assets of AJL went to a Young Indian, a non- profit, and so the shareholders could not make any money from assets since that is not allowed under the law. The Income Tax order has been challenged in court and is pending in the Supreme Court. The Enforcement Directorate charge: The Congress claims Young Indian is a non-profit but it has not done any charitable work. The only transaction it did was the transfer of AJL's debt. The Congress counter: The objective of Young Indian was to ensure the newspaper was running, the newspaper is the charity here. The Enforcement Directorate charge: Young Indian took debt for AJL of Rs 50 lakh. What is the source of this Rs 50 lakh? The Congress counter: Young Indian took a loan from the Do...

The Enforcement Directorate (ED) on Monday summoned Congress president Sonia Gandhi and her son Rahul Gandhi in the National Herald case. While Rahul has been summoned on June 2, Sonia will be questioned on June 8. Here’s is a lowdown on the case: What’s the National Herald case all about? Sonia, Rahul and their associates, have been charged with misappropriating profit and assets worth over ₹2,000 crore of Associated Journals Limited (AJL), after allegedly acquiring through fraudulence all its shareholdings and properties, via the company Young Indian. AJL and National Herald AJL, a brainchild of Jawaharlal Nehru, was founded in 1937 as an unlisted company to support 5,000 freedom fighters who were made its shareholders. The company published the English daily National Herald, as well as Qaumi Awaz in Urdu and Navjeevan in Hindi. The newspapers, however, were shut down in 2008 after the parent company ran into a debt. AJL had earlier taken an interest-free loan of ₹90.25 crore from Indian National Congress. Also read: In 2011, Young India, which has Sonia and Rahul on its board of directors, took over all the shareholding and properties worth ₹5,000 crore. Young India was set up in 2010, with Rahul as its director. Both Sonia and Rahul had 76 per cent shares in the company while the remaining 24 per cent were held by Congress leaders Motilal Vora and Oscar Fernandez. In 2012, BJP leader Subramaniam Swamy filed a case against Sonia, Rahul and other Congress leaders, accusi...

Sources in the Enforcement Directorate (ED) said that Congress leader Rahul Gandhi, who is being questioned in the National Herald case, put the onus of entire transaction of takeover of Associated Journals Ltd (AJL) on late Motilal Vora, former Congress treasurer. Congress leader Rahul Gandhi, sources said, told the ED that former Congress treasurer Motilal Vora was responsible for all the transactions related to the Young Indian’s acquisition of Associated Journals Ltd’s (AJL) assets worth hundreds of crores from the party. Congress?s Motilal Vora died in December 2020 and was also questioned by the ED in the National Herald case. #BREAKING | #NationalHeraldCase | Rahul Gandhi blames Moti Lal Vora in the case who passed away in the year 2020.@Ashish_Mehrishi & @_pallavighosh with details.Join the broadcast with @toyasingh pic.twitter.com/JieRR3mF0f ? News18 (@CNNnews18) June 16, 2022 Congress leader and former party chief who was questioned for the third consecutive day on Wednesday over Young Indian (YI), a company controlled by the Gandhi family that had taken over properties of AJL, denied having any personal knowledge of transactions being investigated for the alleged money laundering in the light of a report of the income tax department. ALSO READ: What Is the National Herald Case In Which ED Is Questioning Rahul Gandhi | News18 Explains BJP leader Subramanian Swamy filed the case against the Gandhis in 2012, accusing them of misusing party funds to purchase a compa...