In what can be called a major setback to Congress President Sonia Gandhi and her son Rahul Gandhi, the Delhi High Court ruling in the National Herald case, has cleared the way for the Income Tax Department to investigate Young India Private Limited, a company which has Sonia and Rahul as the major stakeholders. National Herald, an English daily founded by India’s first PM Jawaharlal Nehru is part of Associated Journals Limited (AJL) company which shut down in 2008 because heavy debt.
The National Herald case is based on a private complaint filed by BJP’s Rajya Sabha MP Dr Subramanian Swamy in 2012. Swamy in the complaint has accused Sonia and Rahul Gandhi of using and misappropriating the Congress party funds to pay the debt and paying just Rs 50 lakh to take over AJL which was worth more than Rs 2,000 crore. Swamy said that AJL owed the Congress party 90.25 crores and Gandhis by taking over AJL earned the right to recover 90.25 crore by just paying Rs 50 lakh. Other than Rahul and Sonia, Motilal Vora, Oscar Fernandes, Suman Dubey and Sam Pitroda are also the accused in this case.