Gandhis Accused of Wrongful Gains Through Young Indian in National Herald Case

The Enforcement Directorate (ED) has leveled serious accusations against the Gandhi family in the ongoing National Herald money laundering case. The ED argued before Delhi’s Rouse Avenue Court that Young Indian (YI), a not-for-profit company controlled by the Gandhis, was created to divert attention away from the Congress party and served as a front for wrongful financial gains.

ED Claims “Biggest Fraud” in National Herald Case

The ED’s accusations paint a picture of deliberate financial maneuvering. They allege that Young Indian is essentially another face of the Congress party, used to obscure the true nature of transactions related to the Associated Journals Limited (AJL), the publisher of the National Herald newspaper.

Gandhi Family Accused of Harming AJL Shareholders

The ED further contends that the Gandhis’ actions resulted in significant financial losses for the major shareholders of AJL, calling the situation a “fraud” of immense proportions. The agency claims that the decisions taken by the Gandhis were not only fraudulent but directly led to wrongful losses, harming the interests of other investors in AJL.