New Delhi:
Property value Rs 90 crore belonging to Younger Indian — the corporate linked to Congress’s Rahul Gandhi and Sonia Gandhi — has been hooked up by the Enforcement Directorate in connection to its investigation into the Nationwide Herald case. The hooked up property contains the Nationwide Herald Homes in Delhi and Mumbai and Nehru Bhavan in Lucknow. Sources mentioned the general worth of properties seized belonging to Related Journals is 752 crore.
The Central company is investigating an alleged cash laundering case linked to the Nationwide Herald newspaper. The case includes allegations of dishonest, conspiracy, and legal breach of belief within the acquisition of the Related Journals Restricted — which ran the newspaper — by Younger Indian Pvt Ltd.
The company has already questioned Sonia and Rahul Gandhi on this connection.
”ED has issued an order to provisionally connect properties value Rs. 751.9 Crore in a money-laundering case investigated beneath the PMLA, 2002,” the ED mentioned immediately in a publish on X, previously Twitter.
”Investigation revealed that M/s. Related Journals Ltd. (AJL) is in possession of proceeds of crime within the type of immovable properties unfold throughout many cities of India resembling Delhi, Mumbai and Lucknow to the tune of Rs. 661.69 Crore and M/s. Younger Indian (YI) is in possession of proceeds of crime to the tune of Rs. 90.21 Crore within the type of funding in fairness shares of AJL,” the publish learn.
ED has issued an order to provisionally connect properties value Rs. 751.9 Crore in a money-laundering case investigated beneath the PMLA, 2002. Investigation revealed that M/s. Related Journals Ltd. (AJL) is in possession of proceeds of crime within the type of immovable properties…
— ED (@dir_ed) November 21, 2023
”Studies of attachment of AJL properties by ED displays their desperation to divert consideration from sure defeat within the ongoing elections in every state,” posted Congress’s Abhishek Singhvi on X.
”An project of mortgage with out switch of any immovable property or motion of cash is being dressed as much as justify attachment & freezing of property of an organization which runs an iconic voice of Indian indepemdence mvmnt (sic) — Nationwide Herald — solely cz its linked to INC & its legacy,” learn one other of his posts.
”These petty vendetta ways shall not cow down the Congress or the opposition,” learn a 3rd.
The Congress has all the time accused the Centre of misusing central probe businesses for political vendetta, insisting that there is no such thing as a proof of cash laundering or any financial change.