Explained- What is National Herald Case and Its Connection With Rahul and Sonia Gandhi?

Congress is again in the headlines for National Herald Case. ED office summoned party leader Rahul Gandhi and Sonia Gandhi. But she is in hospital due to covid at present. The re-opening of this case is another reason for Congress to go against Central Government. It is hard to understand the politics surrounding this case unless you don’t know what National Herald Case is.

So, let’s turn the pages of history and learn about it from the beginning.

What is National Herald Case- The Background

Associated Journals Limited was the company that used to manage the paper. However, the company was not owned by one person. Around 5000 freedom fighters were the shareholders in that company. It ended in 1942 and reopened in 1945. Nehru resigned as Board Member from the company after India got independence.

In 2008, National Herald paper was on the verge of ending so to let it survive, Congress gave loan of Rs 90 crore to AJL. The loan was given from the Party fund.

Young Indian and AJL

Gandhi family started a new company ‘Young Indian’ in 2010. Sonia and Rahul Gandhi were partner in the company with each having 38 percent of partnership. Motilal Vora and Oscar Fernandez were the other two shareholders in the company. Young Indian later acquired 99 percent partnership in AJL in return of loan amount.

Also Read: 6 Facts And Controversies About Rahul Gandhi

Allegations in National Herald Case

Can Rahul and Sonia Go to Jail?

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ED is investigation the case again and both Rahul and Sonia Gandhi were summoned for the introspection. They are on bail as granted by SC in 2015, and may go to jail if they don’t cooperate with the investigation, said SC advocate Chandra Prakash Pandey.