National Herald case: In an AJL case connected to Congress, the ED issues a notice to seize assets.

National Herald case: In an AJL case connected to Congress, the ED issues a notice to seize assets.

Last Updated Apr - 12 - 2025, 05:41 PM | Source : Fela News

According to a statement from the federal investigative agency, similar notifications were posted at the AJL building on Bisheshwar Nath Road in Lucknow, the He

 As part of its investigation into the money laundering case against Congress-controlled Associated Journals Limited (AJL), the Enforcement Directorate said on Saturday, April 12, 2025, that it has sent orders to seize immovable properties valued at ₹661 crores.

In a statement, the federal investigative agency claimed that on Friday, April 11, it posted these notices at the AJL building on Bisheshwar Nath Road in Lucknow, the Herald House in Delhi at ITO, and the properties in the Bandra neighborhood of Mumbai.

 The notices ask the ED for a vacation of the property or, in the case of the Mumbai asset, a rent transfer. 

 Section (8) and Rule 5(1) of the Prevention of Money Laundering Act (PMLA), which address the process of obtaining the assets that have been attached by the ED and validated by the adjudicating authority (of PMLA), have been used to conduct this action.

Young Indian Private Limited is the owner of the National Herald, which is published by AJL.  Rahul Gandhi and Sonia Gandhi, two prominent members of the Congress, own 38% of Young Indian, making them the company's largest owners.

"Young Indian and AJL properties were used for the generation of further proceeds of crime in the form of bogus donations to the tune of ₹18 crores, bogus advance rent to the tune of ₹38 crore, and bogus advertisements of ₹29 crores," the Enforcement Directorate claimed.

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