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The National Herald case is the ongoing case in a Delhi court filed by Indian economist and politician Subramanian Swamy against politicians Sonia Gandhi and Rahul Gandhi, their companies and associated persons.[1] As per the complaint filed in the court of the Metropolitan Magistrate, Associated Journals Limited (AJL) took an interest-free loan of ₹90.25 crore (US$11 million) from Indian National Congress. It is alleged that the loan was not repaid.[2] A closely held company, Young Indian, was incorporated in November 2010 with a paid up capital of 5 Lac and it acquired almost all the shareholding of AJL and all its properties (alleged to be worth ₹5,000 crore (US$600 million)).[3] Swamy alleged criminal misappropriation by both Sonia Gandhi and Rahul Gandhi.[citation needed]
- ^ Gupta, Smita; Jain, Akanksha (27 June 2014), "Delhi court summons Sonia, Rahul in National Herald case", The Hindu, archived from the original on 6 July 2014, retrieved 6 December 2015
- ^ "Section 269T in The Income- Tax Act, 1995", indiankanoon.org, archived from the original on 8 December 2015, retrieved 8 December 2015
- ^ Cite error: The named reference
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