In
a significant development, the Enforcement Directorate (ED) has taken action in
the Nation Herald case by attaching assets totaling a staggering Rs 751.9
crore.
In a statement issued today, the ED said that it found during
investigation involvement of Associated Journals in the crime. "ED
has issued an order to provisionally attach properties worth Rs. 751.9 Crore in
a money-laundering case investigated under the PMLA, 2002. Investigation
revealed that M/s. Associated Journals Ltd. (AJL) is in possession of proceeds
of crime in the form of immovable properties spread across many cities of India
such as Delhi, Mumbai and Lucknow to the tune of Rs. 661.69 Crore and M/s.
Young Indian (YI) is in possession of proceeds of crime to the tune of Rs.
90.21 Crore in the form of investment in equity shares of AJL," said the
ED.
A provisional order has
been issued under the Prevention of Money Laundering Act (PMLA) against the
newspaper's publisher Associated Journals Ltd. and its holding company Young
Indian. The ED had earlier questioned and recorded the statements of Congress'
first family Sonia Gandhi, her son Rahul Gandhi and that of president
Mallikarjun Kharge in this case.
ED
initiated a money-laundering investigation on the basis of a process issued by
the Court of Metropolitan Magistrate of Delhi after taking cognizance of a
private complaint vide order dated June 26, 2014.
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Credit: ZEE NEWS
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