No Relief For Sonia, Rahul In National Herald Case; The Issue Paralyses Parliament

The Delhi High Court’s scathing observation in the National Herald case that the conduct of Congress office-bearers “smacks of criminality” focuses attention on key questions that the party will have to address — legally and politically. One, why should Young Indian, majority (76 per cent) owned by Sonia Gandhi and Rahul Gandhi, be assigned The Associated Journals Ltd’s (AJL’s) debt of Rs 90 crore that was written off by the Congress party. The AJL, which had 1,057 shareholders in March 2010, printed the National Herald newspaper besides a couple of other publications. In December 2010, Young Indian acquired almost the entire stake for Rs 50 lakh. Read Here

The Delhi High Court’s scathing observation in the National Herald case that the conduct of Congress office-bearers “smacks of criminality” focuses attention on key questions that the party will have to address — legally and politically. One, why should Young Indian, majority (76 per cent) owned by Sonia Gandhi and Rahul Gandhi, be assigned The Associated Journals Ltd’s (AJL’s) debt of Rs 90 crore that was written off by the Congress party. The AJL, which had 1,057 shareholders in March 2010, printed the National Herald newspaper besides a couple of other publications. In December 2010, Young Indian acquired almost the entire stake for Rs 50 lakh. Read Here