Subramanian Swamy in 2012 had filed a complaint accusing them of cheating and misappropriation of funds in acquiring ownership of now-defunct English daily National Herald
National Herald Case has been hogging the limelight of late. Congress is currently keeping the Parliament paralysed accusing political vendetta against top leaders Sonia and Rahul Gandhi. Subramanian Swamy in 2012 had filed a complaint accusing them of cheating and misappropriation of funds in acquiring ownership of now-defunct English daily National Herald. The paper was set up by Jawaharlal Nehru in 1938, and shut down briefly in the 1940s and 1970s, and ceased operations in 2008. Swamy claims that Sonia and Rahul floated Young Indian which bought Associated Journals Limited, publisher of National Herald and the company was shut down by Sonia. He claims that Congress funds were used to buy Associated Journals Limited and that the mother-son duo aimed to grab property worth Rs 2000-crore. The Gandhis are the directors of Young Indian and own 76% and the remaining shares are owned by Motilal Vohra, Oscar Fernandes, Suman Dubey and Sam Pitroda. Swamy has alleged that the Congress gave an unsecured loan of Rs 90 crore to the company. <!– Dna_Article_Middle_300x250_BTF –>Sonia and Rahul Gandhi were issued summons on Monday to appear before the court, but got temporary reprieve on Tuesday.They have been asked by the trial court to appear on 19th December. Here’s Subramanian Swamy explaining the case.
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