November 22, 2024 13:25 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
PM Modi bestowed Dominica's highest award at India-CARICOM Summit | 69-year-old Delhi man, a St. Stephen's alumnus, arrested for conning govt officers by posing as ex-IPS | 'Baseless': Adani Group denies US charges of bribery and fraud against Gautam Adani | AAP's first list of candidates for Delhi polls feature six turncoats | PM Modi is incapable to arrest Gautam Adani: Rahul Gandhi after tycoon charged with bribery and fraud in the US
Money laundering case: ED raids National Herald office days after quizzing Sonia Gandhi
National Herald Case
Image Credit: Facebook/National Herald

Money laundering case: ED raids National Herald office days after quizzing Sonia Gandhi

| @indiablooms | 02 Aug 2022, 01:58 pm

New Delhi/IBNS: The Enforcement Directorate (ED) Tuesday raised 12 locations including the office of National Herald newspaper in connection with a money laundering case where Congress chief Sonia Gandhi was quizzed by the probe agency days ago, media reports said.

Calling the raids "vendetta politics" by the Modi government, Congress MP Jairam Ramesh tweeted, "The raids on Herald House, Bahadur Shah Zafar Marg are a part of the continued attack against India’s principal opposition—Indian National Congress.

"We strongly condemn this vendetta politics against those who speak up against the Modi Govt. You cannot silence us!"

Congress de facto number two and Lok Sabha MP Rahul Gandhi was also quizzed by the ED earlier in connection with the case.

The Congress supporters took to streets to protest when the Gandhis were quizzed by the ED.

What is the case?

The case relates to the ED probe into the alleged financial irregularities between Young Indian and Associated Journals Ltd (AJL), which publishes the National Herald newspaper.

As per the complaint filed in the court of the Metropolitan Magistrate, Associated Journals Limited (AJL) took an interest-free loan of Rs. 90.25 crore from Indian National Congress, which was not paid back.

Congress has maintained there is no money laundering involved and has called the summon a politically motivated move.

According to media reports, Rahul had told the ED during interrogation that late party leader Motilal Vora had overseen all the transactions related to the YI-AJL deal.

It may be noted that Rahul was referring to the acquisition by Young India of Associated Journals Limited's assets worth hundreds of crores from Congress.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.