India
Congress president Rahul Gandhi and UPA chairperson and former party president Sonia Gandhi are accused of violating a host of laws in the purchase, sale and management of firms that ran the National Herald newspaper ― with active connivance of Motilal Vora and a few other veterans of the political organisation
Delhi's Patiala Court will hear Congress leader Motilal Vora's plea on restraining BJP leader Subramanian Swamy from sharing the information on the National Herald case on social media on November 17.
On the same day, rest of the part of evidence on National Herald case by BJP leader Subramaian Swamy will also be recorded by the court on the same day.
Motilal Vora had earlier appealed to the court asking it to stop Subramanian Swamy from sharing any information on the National Herald case on social media.
National Herald Case: Delhi's Patiala House Court has fixed 17th November for order on plea of Motilal Vora, rest part of submission of evidence by Subramanian Swamy will be recorded on the same date. https://t.co/2TkBay3DAY
— ANI (@ANI)Subramanian Swamy had alleged that Vora was wasting the Patiala court's time by filing applications with trivial importance in the National Herald case.
The National Herald Case is about the Indian National Congress granting an interest-free loan of Rs 90.25 crore to Associated Journals Limited (AJL). The National Herald newspaper is owned by AJL that was founded by Jawaharlal Nehru in the year 1938.
UPA chairperson Sonia Gandhi and AICC president Rahul Gandhi hold major shares in the Associated Journals Limited and are the prime accused in the case.
Congress funded a company called Associated Journals Limited (AJL), in 1938. AJL owned three newspapers - National Herald in English, Navjeevan in Hindi and Qaumi Awaz in Urdu. The papers stopped printing on April 1, 2008.
Sonia Gandhi and Rahul Gandhi floated a firm called Young India Limited in 2011, with both holding 38% stake each. Young India proposed to buy the liabilities of AJL with Rs 90.21 crore. Out of which, Rs 50 lakh were taken out of the Congress exchequer. Congress is also alleged of paying an additional Rs 1 crore for renovation of Herald House. AJL's entire real estate wealth is estimated to be worth between Rs 1,600 crore and Rs 5,000 crore.
Keeping this as the base, BJP leader Subramanian Swamy has alleged that Sonia and Rahul Gandhi were involved in misappropriation of property and criminal breach of trust.
Swamy also alleged that AJL collected donations to buy properties. Swamy said, “Sonia Gandhi has signed as the director of Young India and she has 38%, Rahul has 38% shares in it. And there are two other directors - Congress leaders Oscar Fernandes and Motilal Vora - having the remaining 24% shares.
Swamy said that petitioner Motilal Vora had personal interests in the case as he played a vital role in getting money for Young India. After speaking to Congress leaders for a loan of Rs 90 crore from party fund, it was also declared as “sick loan” or “non-performing asset” and was written-off.
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