ED Files Complaint Against Sonia & Rahul in National Herald Money Laundering Case
The Enforcement Directorate (ED) has filed a prosecution complaint in a Delhi court against Congress leaders Sonia Gandhi, Rahul Gandhi, and Sam Pitroda in connection with the alleged National Herald money laundering case. The case pertains to the alleged fraudulent takeover of properties valued at ₹2,000 crore by Young Indian, a company linked to Sonia.
The complaint was filed by the ED on October 29, 2020, before the Special Court for Prevention of Money Laundering Act (PMLA) and is based on the complaint filed by Bharatiya Janata Party (BJP) leader Subramanian Swamy in 2013.
The case revolves around the alleged fraudulent takeover of Associated Journals Limited (AJL), the publisher of National Herald, by Young Indian, a company owned by the Congress leadership. The ED has accused the Gandhi family and their associates of misusing the company’s assets and diverting funds worth ₹2,000 crore for personal gain.
The ED’s complaint alleges that Sonia Gandhi, Rahul Gandhi, and Sam Pitroda, who was the chairman of AJL, conspired to take over the company and transfer its assets to Young Indian. The agency claims that the transaction was done without the consent of AJL’s creditors and shareholders, and that the company’s assets were undervalued to facilitate the takeover.
The ED has also accused the Gandhi family of using shell companies and benami transactions to launder money and evade taxes. The agency claims that Young Indian was used to launder money to the tune of ₹2,000 crore, which was then invested in various assets, including real estate and shares.
The ED’s complaint is supported by a range of documents and evidence, including bank records, property deeds, and financial statements. The agency has also seized a range of assets, including properties, shares, and bank accounts, worth over ₹1,000 crore in connection with the case.
The Gandhi family has denied any wrongdoing and has termed the ED’s complaint as a political vendetta. In a statement, the Congress party said that the ED’s complaint was based on false and fabricated evidence, and that the agency was trying to harass the Gandhi family.
The case is likely to be a major embarrassment for the Congress party, which has been accused of corruption and misrule by the BJP-led government. The ED’s complaint is seen as a major blow to the Gandhi family’s reputation and could have significant implications for the party’s future.
The case is also significant because it raises questions about the role of the Gandhi family in the alleged fraudulent takeover of AJL. The ED’s complaint alleges that Sonia Gandhi, Rahul Gandhi, and Sam Pitroda were aware of the takeover and were involved in the decision-making process.
The case is also significant because it highlights the alleged misuse of government contracts and funds by the Gandhi family. The ED’s complaint alleges that the family used government contracts and funds to finance their business ventures and personal expenses.
In conclusion, the ED’s complaint against Sonia Gandhi, Rahul Gandhi, and Sam Pitroda in the National Herald money laundering case is a major development in the ongoing controversy surrounding the Gandhi family’s business dealings. The case is significant because it raises questions about the role of the Gandhi family in the alleged fraudulent takeover of AJL and highlights the alleged misuse of government contracts and funds by the family.
