Nationwide Herald case: ED says it has hooked up property value Rs 751.9 crore in cash laundering probe; Congress hits again | India Information

NEW DELHI: The Enforcement Directorate (ED) on Tuesday mentioned it has hooked up property value Rs 751.9 crore in reference to a cash laundering probe towards the Nationwide Herald newspaper, owned by Congress-linked Younger India Restricted.
A provisional order has been issued below the Prevention of Cash Laundering Act (PMLA) towards the newspaper’s writer Related Journals Ltd.(AJL) and its holding firm Younger India, the central probe company mentioned in an announcement.

“Investigation revealed that AJL is in possession of proceeds of crime within the type of immovable properties unfold throughout Delhi, Mumbai and Lucknow to the tune of Rs 661.69 crore and Younger India (YI) is in possession of proceeds of crime to the tune of Rs 90.21 crore within the type of funding in fairness shares of AJL,” the ED added.

The company had questioned and recorded the statements of Congress leaders Sonia Gandhi, her son Rahul Gandhi and social gathering president Mallikarjun Kharge on this case.
Deceit, lies and falsehood: Congress
Reacting to the seizure of AJL property by the ED, Congress chief Abhishek Singhvi mentioned the event displays “their desperation to divert consideration from sure defeat within the ongoing elections in every state”.
“This can be a prefabricated construction of deceit, lies and falsehood, of by and for the BJP, to divert, distract and digress in the midst of elections,” he mentioned, including: “No BJP coalition companion – CBI, ED or IT – can stop sure impending defeat of the BJP.”
“An task of mortgage with out switch of any immovable property or motion of cash is being dressed as much as justify attachment and freezing of property of an organization which runs an iconic voice of the Indian Independence motion the Nationwide Herald – solely as a result of it’s linked to the Congress and its legacy.
These petty vendetta ways shall not frighten the Indian Nationwide Congress in any method,” mentioned Singhvi.
(With inputs from companies)