Tuesday, 27 September 2022

 

 

LATEST NEWS Amit Shah addressed the Kisan Sammelan in Ahmedabad, Gujarat Minister for Civil Aviation Gen. Dr. V.K Singh (Retd.) inaugurates direct flight between Delhi to Shimla Jai Ram Thakur announces Rs. 2 crore for construction of building of PHC Bandal Governor Rajendra Vishwanath Arlekar pays obeisance at Shri Naina Devi Ji Have a mission to accomplish for Punjab, India: Capt Amarinder Singh Ministry of I&B blocks 45 YouTube videos from 10 YouTube channels under IT Rules, 2021 CM inaugurates and lays foundation stone of development projects worth Rs. 167 crore in Seraj constituency of Mandi district Niga Marda Aayi Ve: Release Date Of Gurnam Bhullar & Sargun Mehta’s Upcoming Entertainer Pushed Forward World Tourism Day 2022: Know More About It Judaiyan: New Song From Film Criminal Will Make Your Mood Refresh Raksha Mantri Rajnath Singh felicitates families of the fallen heroes of the Armed Forces at an event in Badoli, Himachal Pradesh Governor Rajendra Vishwanath Arlekar presides over 'Members Meet' organized by BBN Industries Association at Nalagarh Amit Shah performed Bhoomi Pujan of 350 bedded ESIC Hospital in Sanand, Gujarat today A ray of hope for Araj’s unfulfilled dream; ‘Sanjha Sufna’ to air from 26th September at 7 PM on Zee Punjabi Google Photos users complain of older images getting 'corrupted' Anushka Kaushik to play parallel lead in Raveena Tandon-starrer 'Patna Shukla' Delhi-Shimla flights resume after two years Ghulam Nabi Azad launches new party, names it Democratic Azad Party George Clooney: There is no downside to my wife Every day feels like first day on set to Manushi Chhillar Nine killed as tractor trolley overturns in Lucknow

 

National Herald chronicles: Nehru's 'brainchild' to Rahul Gandhi's 'Young Indian'

Rahul Gandhi, Indian National Congress, Congress, All India Congress Committee, Enforcement Directorate, National Herald Case, ED Summons Rahul Gandhi

Web Admin

Web Admin

5 Dariya News

New Delhi , 13 Jun 2022

The patriotic image of the National Herald newspaper, a fearless voice against the British colonial rule founded by Jawaharlal Nehru in 1937, appeared to be dented after over eight decades when his great grandson Rahul Gandhi faced interrogation in a financial crime involving the newspaper's new version 'Young Indian Private Limited.

'The newspaper was published by Associated Journals Limited (AJL) which was founded in 1937 with 5,000 other freedom fighters as its shareholders. The company published two other dailies - the Qaumi Awaz in Urdu and Navjeevan in Hindi. 

The publication of the newspapers was suspended at various times due to financial difficulties and labour problems, and on April 2, 2008, the newspaper was closed. 

The properties were allotted for carrying out newspaper business and publication of newspapers in different languages. It was also allowed to let out these properties on rent to cater to its publication business, post-closure of the newspaper.

The office of AJL was shifted from Lucknow on September 1, 2010 to its Delhi property situated at 5A, Herald House, Bahadurshah Zafar Marg.Amid this chain of events, the All India Congress Committee (AICC), an apex body of the Congress, had advanced loans to AJL from time to time.

On March 31, 2010, there was an outstanding loan of Rs 88,86,68,976 (over Rs 88 crore) and a further loan of Rs 1.35 crore was received during the period April 1, 2010, to December 16, 2010, aggregating to Rs 90.21 crore. 

On December 16, 2010, the AICC transferred the entire outstanding loan of Rs 90.21 crore due from AJL in favour of appellant company, Young Indian, for a consideration of Rs 50 lakh. 

Further, almost 99.99 per cent shares of AJL were transferred to Young Indian.On December 13, 2010, in the first Managing Committee meeting of Young Indian, Rahul Gandhi was appointed as Director. 

Besides the major ownership of the Gandhi family, there were 24 per cent shares owned by Congress leaders Motilal Vora and Oscar Fernandes, journalist Suman Dubey and entrepreneur Sam Pitroda, all named in the case.

The case against the Gandhis was brought in a Delhi court by Bharatiya Janata Party leader Subramanian Swamy in 2012. Swamy has alleged that Sonia Gandhi and Rahul Gandhi used Congress party funds and took over AJL to try to acquire more than Rs 2000 crore in property assets for "only Rs 50 lakh". 

Swamy alleged that the Gandhis used "malicious" means to "take over" assets worth millions as Young Indian acquired complete control of AJL and its real estate, located in Delhi, Lucknow, Mumbai and other cities.In a nutshell, the National Herald case pertains to the assignment of a Rs 90 crore loan advanced by the Congress to Young Indian for a consideration of Rs 50 lakh, and alleged misappropriation of assets of over Rs 2,000 crore.

 

Tags: Rahul Gandhi , Indian National Congress , Congress , All India Congress Committee , Enforcement Directorate , National Herald Case , ED Summons Rahul Gandhi

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2022 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD