The Enforcement Directorate or ED has taken a major action in the case of National Herald Financial Misappropriation. ED has locked the Young Indian office in Herald House building. Also, ED has given instructions that this office should not be opened without prior permission. Earlier in this case Congress President Sonia Gandhi and Congress MPs from ED Rahul Gandhi An inquiry was made. Due to this investigation, protests were held across the country against the Modi government as well as the ED. After that now ED has taken this action.
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The raid was conducted by ED
The ED has locked the Young Indian office in the Herald building in Delhi and has directed that it should not be opened in the area without permission. Earlier, the ED had raided the office of National Herald on Tuesday and conducted an investigation.
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Protests from Congress
Sonia Gandhi and Rahul Gandhi were questioned by the ED in the financial misappropriation case related to the National Herald newspaper. Due to this reason, Congress had protested all over the country including the capital Delhi. ED has also questioned Rahul Gandhi along with Congress leaders Pawan Bansal and Mallikarjun Kharge. ED had called Rahul Gandhi for questioning for five consecutive days in the month of June. ED has interrogated him for almost 50 hours.
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What is the matter?
‘National Herald’ newspaper founded by Pandit Jawaharlal Nehru in AD. Closed in 2008. Pt. It was the mouthpiece of Congress started in 1938 by Jawaharlal Nehru to oppose British imperialism. After the closure of this newspaper, ‘Young India’ company bought it in 2010. Young India Limited was established in November 2010. Sonia Gandhi and Rahul Gandhi had the largest share of 76 percent in this company. The National Herald newspaper was shut down in 2008 citing financial loss. Congress went ahead and gave ‘AJL’ an interest-free loan of Rs 90 crore. The party said the money was to help begin the process to bring the newspaper back. However, the newspaper could not be revived and AJL failed to repay the Congress loan.
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In 2010, Congress demanded repayment of a loan amount of 90 crores from ‘AJL’. But the company did not have that much money at that time. So the company handed over the ownership from him to Young India Company owned by Gandhi. For this, Young India paid only Rs 50 lakh to AJL. From this, Gandhi took over the public sector company and it is alleged that he took over the property of 2000 crores owned by this company.
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In November 2012, Subrahmanyam Swamy filed a private complaint in the case, alleging that the Gandhi family had taken ownership of a public sector company owned by him, Young India Limited. Swamy has claimed that due to this agreement, Sonia Gandhi and Rahul Gandhi got tens of thousands of crores of property in Delhi and Uttar Pradesh besides printing the newspaper. Swamy has also claimed that the loan given by Congress in this case is illegal. In 2013, Subramaniam Swamy filed a complaint in the Delhi Sessions Court in this matter. After that, the Income Tax Department started investigating Sonia Gandhi and Rahul Gandhi in the National Herald case.
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