Rahul, Sonia paid ₹50 lakh for properties worth ₹2,000 cr: ED on National Herald case
The Enforcement Directorate (ED) has made a startling revelation in the National Herald case, stating that Congress leaders Sonia Gandhi and Rahul Gandhi acquired complete ownership of Associated Journals Limited (AJL), publisher of National Herald newspaper, by paying a mere ₹50 lakh. This staggering revelation has left many wondering how the two leaders managed to acquire such a massive property portfolio worth over ₹2,000 crore.
In its chargesheet filed before a Delhi court, the ED alleged that the Gandhi family acquired the ownership of AJL by paying a paltry ₹50 lakh, while the real estate value of the company’s properties is estimated to be over ₹2,000 crore. The ED further claimed that the Gandhi family’s takeover of AJL was part of a larger conspiracy to usurp the company’s assets, which were valued at ₹2,000 crore.
The ED’s chargesheet was filed in response to a complaint filed by the Income Tax Department in 2013, alleging that AJL had received a loan of ₹90 crore from the IDBI Bank, which was later written off. The ED investigation revealed that the loan was taken by AJL to pay off its debts, but instead of using the money to pay off the debts, the company used it to fund the Gandhi family’s business ventures.
The ED’s chargesheet also alleged that the Gandhi family’s takeover of AJL was facilitated by senior Congress leaders, who instructed AJL’s officials to pay advertisement money to the company on behalf of the Gandhi family. The ED claimed that this was done to conceal the true nature of the transaction and to avoid paying taxes on the income generated by AJL.
The ED’s investigation also revealed that AJL’s properties, including the iconic National Herald building in Delhi, were valued at over ₹2,000 crore. The ED alleged that the Gandhi family’s takeover of AJL was part of a larger conspiracy to acquire control of the company’s assets, which were valued at over ₹2,000 crore.
The ED’s chargesheet has sparked controversy, with many questioning how the Gandhi family managed to acquire such a massive property portfolio worth over ₹2,000 crore by paying a mere ₹50 lakh. The ED’s investigation has also raised questions about the role of senior Congress leaders in facilitating the Gandhi family’s takeover of AJL.
The National Herald case has been ongoing for several years, with the ED filing its chargesheet in response to a complaint filed by the Income Tax Department in 2013. The case is now pending before a Delhi court, which will hear the ED’s chargesheet and decide whether to proceed with the case.
The National Herald case is a significant development in the ongoing controversy surrounding the Gandhi family’s business ventures. The case has sparked widespread debate about the role of politics in business and the need for greater transparency in political dealings.
In conclusion, the ED’s chargesheet in the National Herald case has raised serious questions about the Gandhi family’s business dealings and their acquisition of massive property assets worth over ₹2,000 crore. The case is pending before a Delhi court, which will hear the ED’s chargesheet and decide whether to proceed with the case.
