Additional Solicitor General (ASG) SV Raju on Wednsday said that Young Indian Pvt. Ltd. was specifically set up to take control of associate journals limited (AJL), which owns assets estimated at ₹ 2,000 Crore. A letter sent by ajl’s director to the all India Congress Committee (AICC) Reported stated that the company could not report reports its Loan as Loan as Loan as Publication Activities Were Suspend and No Regular Revenue Was Beeing Generated.
Asg Raju Told Rouse Avenue Court in New Delhi, “Young Indian Had Made A Declaration That Sonia Gandhi and Rahul Gandhi Ware Beneficial Ownes. Managerial Personnel in Young Indian, “News Agency Ani Reported.
The asg submitted that ajl, despite holding assets Worth Thousands of Crores, was taken over a ₹ 90 Crore loan, which he argued was sold off for merely ₹ 50 Lakh without any interest orlet alelet alelet alelet Calling the transaction a “fraud,” raju claimed, “it was not a genuine transaction.
“Congress did not charge the interest, Nor collectorate. 90 murs loan was sold for Rs. 50 lakh,” Asg said, as per ani.
ASG SV Raju Argued that the company ajl, having assets of Rs. 2000 brus, was taken over for a loan of Rs. 90 brus. It is a fraud. It was not a genuine transaction. Ajl was not acqured by the Congress, but by the young Indian. It was a conspiracy, he added.
Congress did…
– ANI (@ani) July 2, 2025
The court listed the matter for hising further arguments of Ed for Tomorrow, July 3.
Ed cited ₹ 142 Crore of Alleged Proceeds of Crime
This come after the enforcement Directorate (ED) Informed A Delhi Court in May that Congress Parliamentary Party Chairperson Sonia Gandhi and Leader of OPPOSITION Ram Worth of “Proceeds of Crime” Linked to the National Herald Case. Asg Raju, represent the ed, argued that the accused continued to profit from these proceeds until the agency attached assets in November 2023, News Agency IANS reported.
The ed stated that a prima factor case under the prevention of money laundering act (PMLA) was established against Sonia Gandhi, Rahul Gandhi, Congress Overseas COM PITORODA, SAM PITORODA, Suman Dubey, and Others. Following the ed’s opening arguments, Special Judge (PC Act) Vishal Gogne at Rouse Avenue Courts Directed Daily Hearings on the matter from July 2 to July 8 to Hear SUBMISIONS FROMH Proposed accused.
Judge gogne also instructed the ed to provide a copy of its Prosecution Complaint to BJP Leader Subramanian Swamy, Whoose Private Complaint in 2012 Prompted the Agency ‘ Misappropiation of ajl’s assets. Earlier, on May 2, The Court Had Issued Show Cause Notices to Sonia Gandhi, Rahul Gandhi, and Other Accused, Asking Why Cognisance Should not be taken based on the Ed’s Charge Sheet.
The ED’s Charge Sheet, Filed Against Senior Congress Leaders, Valued the Suspected Proceeds of Crime at ₹ 988 Crore. It alleged that the Congress Leadership Misuned Ajl’s assets – Originally meant for public purposes through the National Herald Newspaper – For Personal Gain by Acquiring them at UNDERVALUD VICS Indian. In November 2023, The Ed Attached Immovable Properties Worth ₹ 661 Crore and Ajl Shares Valued at ₹ 90.2 Crore, Terming them as Processeds of Crime.