He sought more time to appear for the ED he is currently not in the country
As Rahul Gandhi sought more time to appear before the Enforcement Directorate (ED) in the National Herald Case, a new notice has been issued for June 13. Before this, he was asked to appear on June 2.
Congress interim president Sonia Gandhi and MP Rahul Gandhi were served notices by the ED in the National Herald case, asking them to appear before the agency.
The National Herald matter came to light when former BJP MP Subramanian Swamy filed a case in the Delhi HC accusing Sonia Gandhi and Rahul Gandhi of land grabbing and misappropriating funds worth crores of Rupees.
He alleged that the Gandhis had acquired a public limited company — AJL — through a privately held firm — Young India Limited —and Rahul Gandhi was the director of the firm.
Many shareholders of the AJL, including former law minister Shanti Bhushan and former chief justice of Allahabad and Madras High Courts Markandey Katju, said they were not served any notice when YIL acquired control over it. They said that the shares held by their fathers were transferred to AJL in 2010 without their consent.
Subramanian Swamy in his complaint alleged that YIL “took over” the assets of AJL, including the National Herald, in a “malicious” manner to gain profit and acquire assets worth over Rs. 2,000 crore.
Swamy also alleged that YIL had paid just Rs. 50 lakh to obtain the rights to recover Rs 90.25 crore that AJL owed the Congress party. The loan was taken by AJL to start the newspaper. Swamy also alleged that the loan itself was illegal, as it had been disbursed from party funds.
The ED probe in the case began in 2014. It started the investigations to verify the allegations of money laundering.
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