Common

National Herald case

Ongoing court case in Delhi, India

National Herald case

Common card · No. 354224

The National Herald case is an ongoing case in a Delhi court filed by politician Subramanian Swamy against Indian National Congress leaders Sonia Gandhi and Rahul Gandhi, their companies and associated persons. As per the complaint filed in the court of the Metropolitan Magistrate, Delhi, Associated Journals Limited (AJL) took an interest-free loan of ₹90.25 crore (US$9.4 million) from Indian National Congress. It is alleged that the loan was not repaid. A closely held company, Young Indian, was incorporated in November 2010 with a paid up capital of 5 Lac and it acquired almost all the shareholding of AJL and all its properties (alleged to be worth ₹5,000 crore (US$520 million)), which has been termed by Swamy as criminal misappropriation by Sonia Gandhi and Rahul Gandhi.

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