September 15, 2025
Politics

ED Accuses Gandhis of Rs 2,000 Crore Fraud in Herald Case

  • July 3, 2025
  • 0

The Enforcement Directorate (ED) has presented allegations in court against Sonia and Rahul Gandhi, claiming they orchestrated a scheme to gain control over Associated Journals Limited (AJL), a company valued at Rs 2,000 crore. The ED asserts that the Gandhis executed this plan through Young Indian Pvt Ltd. According to the agency, a loan amounting to ₹90 crore was extended by the Congress party to AJL. This loan was allegedly converted into equity shares fraudulently, which ultimately benefited the Gandhis. The ED argues that this maneuver allowed the Gandhis to gain significant control over AJL, as they were in charge of both Young Indian Pvt Ltd and AJL. This case has drawn considerable attention due to the high-profile nature of the individuals involved and the substantial financial implications. The ED’s allegations suggest a deliberate attempt to manipulate financial transactions for personal gain, raising questions about corporate governance and ethical practices within political entities. The case is part of a broader investigation into financial irregularities and potential misuse of funds within political circles. The outcome of this case could have significant repercussions for the involved parties and may influence public perception regarding accountability and transparency in political finance. As the legal proceedings continue, the focus remains on uncovering the truth behind these complex financial dealings and ensuring justice is served.

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