National Herald Case - Facts

 

1. In January 2013 the case was filed by BJP leader Subramanian Swamy against Sonia and Rahul Gandhi, their companies and associated persons in a Delhi court.
In his plea, Swamy alleged that Sonia Gandhi and Rahul floated a company called ‘Young Indian’, which acquired Associated Journals, founded by late Jawaharlal Nehru, that published the National Herald and Quami Awaz.
2. Subramanian Swamy alleged that Sonia and Rahul Gandhi, owners of majority of stakeholders of ‘Young Indian’, benefited from the acquisition of Associated Journals. He alleged that the AJL received interest-free loan of Rs 90.25 crore from the Congress and that the party transferred the debt to YIL for Rs 50 lakh.
3. At that time, AJL with Vora as its chairman allegedly said it could not repay the loan and agreed to transfer the company and its assets to YIL.
4. The Gandhis and the other five accused--Suman Dubey, Moti Lal Vohra, Oscar Fernandez, Sam Pitroda and Young India Ltd--will have to appear court.
5. A Delhi court on Tuesday asked Sonia Gandhi, Rahul Gandhi and others to appear on Dec 19,2015 in connection with the case

Herald House on Bahadur Shah Zafar Marg in New Delhi