ED issues notice to take possession of ₹661 crore assets in Congress-linked National Herald case
- The Enforcement Directorate has issued notices to take possession of ₹661 crore in assets linked to the National Herald money laundering case, affecting properties in Delhi, Mumbai, and Lucknow.
- Notices were affixed at the Herald House in Delhi, Bandra in Mumbai, and a building in Lucknow during the investigation into Associated Journals Limited and Young Indian.
- Congress leaders Sonia Gandhi and Rahul Gandhi hold 38% shares each in Young Indian, which is accused of generating proceeds of crime worth ₹988 crore.
- Congress MP Abhishek Manu Singhvi stated that proper remedial action will be taken against the Enforcement Directorate's actions, asserting that no actual money laundering occurred.
28 Articles
28 Articles
ED initiates possession of assets worth over Rs 660 crore in Congress-linked 'National Herald case'
In a significant move in the Associated Journals Limited (AJL) case linked to Congress, the Enforcement Directorate (ED) has served notices to property registrars in Delhi, Mumbai, and Lucknow to take possession of assets worth Rs 661 crore. The ED served notices to property registrars in three cities in connection with properties of Associated Journals Ltd on April 11 (Friday), in accordance with Section 8 of the Prevention of Money Laundering …
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