New Delhi. In the National Herald case, the Enforcement Directorate’s interrogation of Congress leader Rahul Gandhi is also going on. Rahul will have to face ED’s questioning again tomorrow i.e. Friday. A day before this i.e. on Wednesday, Rahul had demanded one day’s extension from the ED officers, which was accepted by the officers. On Wednesday, Rahul Gandhi was questioned for more than 8 hours. Earlier on Monday and Tuesday also the Congress leader was questioned. Till now ED officers have asked him questions in about 30 hours time but the officers are not satisfied with Rahul Gandhi’s questions. In such a situation, he is constantly interrogating them.
It is being told that on Wednesday, the Enforcement Directorate (ED) questioned Rahul Gandhi about his personal role in decisions related to Associated Journals Limited (AJL) and Young Indian (YI), a company that owns it. were done. On which Congress leader Rahul Gandhi informed the ED that all the transactions related to Young Indian’s acquisition of Associated Journals Limited’s assets were handled by former Congress treasurer Motilal Vora.
According to ED sources, former Congress President Rahul Gandhi directly denied having any information about any loan etc. taken by Young Indian. Sources also say that Rahul Gandhi has put the ongoing responsibility for this on former Congress treasurer Motilal Vora, who is no longer alive. Rahul Gandhi and his mother Sonia Gandhi hold 76 per cent stake in Young Indian and the remaining 24 per cent is held by Vora and Oscar Fernandes (12 per cent each). Both Vora and Fernandes have passed away in December 2020 and September 2021 respectively.
It is worth noting that this whole matter is related to the National Herald newspaper. It was established in the year 1938 by the former Prime Minister of India, Jawaharlal Nehru. The newspaper was owned by Associated Journal Limited (AJL) which printed two newspapers. The first was Navjivan and the second was Quami Awaaz in Urdu. AJL was incorporated in the year 1956 as a non-commercial company and was exempted from tax under Section 25 of the Companies Act. After that gradually the company kept going into loss. The company also got a debt of 90 crores. While facing this debt, another company was formed in the year 2010 by the name of Young Indian. Of which 76 percent was held by Sonia Gandhi and Rahul Gandhi and the rest with Motilal Bora and Oscar Fernandes. The Congress party transferred its loan of 90 crores to the new company, Young Indian. Completely unable to repay the loan at this time, The Associate Journal transferred all its shares to Young Indian. In return, Young Indian gave only Rs 50 lakh to The Associate Journal. Now in this case, a petition has been filed on behalf of BJP leader Subramanian Swamy alleging that Young Indian Pvt. has found a way to recover 90 crores in just Rs 50 lakhs which is against the rules.