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National Herald case: ED registers preliminary enquiry to investigate transactions

India TV News Desk 01 Aug 2014, 14:43:04 PM IST
India TV News Desk
New Delhi: In fresh trouble for Congress president Sonia Gandhi and her son Rahul Gandhi, the Enforcement Directorate (ED) has registered a preliminary enquiry in the National Herald case in which the duo and other senior Congress leaders have been accused of cheating and misappropriating funds by acquiring ownership of now-defunct ‘National Herald' newspaper.

This case had been filed by veteran BJP leader Subramanium Swamy.

ED officials have now intervened in the matter and will conduct thorough investigations if the transactions in the National Herald case violate the prevention of Money Laundering Act. It will also scrutinize if the documents provided by Subramanium Swamy are legitimate or not.

Apart from Sonia and Rahul , senior Congress leaders Moti Lal Vohra, Oscar Fernandes, Suman Dubey and Sam Pitroda have also been issued summons in this case.

Meanwhile, the Delhi High Court will hear petitions by Sonia and Rahul in the case today.

Swamy has alleged misappropriation of assets worth Rs 2000 crore of the National Herald newspaper.

He accused Sonia ,Rahul and others of conspiring to cheat and misappropriate funds by just paying Rs 50 lakh by which Young Indian obtained the right to recover Rs 90.25 crore which the AJL had owed to the Congress party.

Swamy has alleged that in the present scenario over Rs 2,000 crore worth of assets also got transferred to YI, whose 76 per cent of shareholding vests with Sonia and Rahul Gandhi and the remaining shareholding of 24 per cent vests with the other accused.