National Herald corruption case
Ongoing court case in Delhi, India / From Wikipedia, the free encyclopedia
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The National Herald case is the ongoing case in a Delhi court filed by Indian economist and politician Subramanian Swamy against politicians Sonia Gandhi and Rahul Gandhi, their companies and associated persons.[1] As per the complaint filed in the court of the Metropolitan Magistrate, Associated Journals Limited (AJL) took an interest-free loan of ₹90.25 crore (US$11 million) from Indian National Congress. It is alleged that the loan was not repaid.[2] 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$630 million)).[3] Swamy alleged criminal misappropriation by both Sonia Gandhi and Rahul Gandhi.[citation needed]
This article needs to be updated. (May 2019) |