Debangana Ray
Published on July 12, 2022 at 18:50 IST
The Enforcement Directorate (ED) has summoned Congress president Sonia Gandhi in order to record her statement on July 21 regarding a money laundering case in relation to the National Herald Newspaper.
Ms. Gandhi who was supposed to appear on June 23, requested the ED for postponement due to COVID related health issues.
The agency had also summoned former party chief Rahul Gandhi in order to record his statement.
Under the Money Laundering case, it was alleged that the assets of Associated Journals Ltd., which published the National Herald Newspaper, were illegally acquired and transferred to Young Indian, in which both Mr. Rahul Gandhi and Ms. Sonia Gandhi owned 38 percent shares each.
Also, Young Indian had allegedly paid 50 lakhs to the congress for transferring the 90-crore debt to it.
According to the Congress, Young Indian was a non-profit company under Section 25 of the Companies Act, that could neither accumulate profits nor pay dividends to shareholders.
