Property worth £9 million belonging to Young Indian - the company linked to Congress's Rahul Gandhi and Sonia Gandhi - has been attached by the Enforcement Directorate in connection to its investigation into the National Herald case. The attached property includes the National Herald Houses in Delhi and Mumbai and Nehru Bhavan in Lucknow. Sources said the overall value of properties seized belonging to Associated Journals is £75.2 million.
The Central agency is investigating an alleged money laundering case linked to the National Herald newspaper. The case involves allegations of cheating, conspiracy, and criminal breach of trust in the acquisition of the Associated Journals Limited - which ran the newspaper - by Young Indian Pvt Ltd.
The agency has already questioned Sonia and Rahul Gandhi and Congress chief Mallikarjun Kharge in this connection.
"ED has issued an order to provisionally attach properties worth £75.19 million in a money-laundering case investigated under the PMLA, 2002," the ED said in a post. "Investigation revealed that M/s. Associated Journals Ltd. (AJL) is in possession of proceeds of crime in the form of immovable properties spread across many cities of India such as Delhi, Mumbai and Lucknow to the tune of £66.16 million and M/s. Young Indian (YI) is in possession of proceeds of crime to the tune of £9.02 million in the form of investment in equity shares of AJL," the post read.
Kharge, in a post on X, said reports of attachment of AJL's properties by the Enforcement Directorate "are a clear indication of the BJP's panic in the ongoing elections".