National Herald Case: HC to hear petitions by Rahul, Sonia

August 01, 2014 10:25

The Delhi High Court will on Friday hear the petitions moved by its national president Sonia Gandhi and vice president Rahul Gandhi in connection with the National Herald case.

Sonia Gandhi and her son Rahul Gandhi were summoned by the court in June after BJP leader Subramanian Swamy filed a complaint accusing them of cheating and misappropriation of funds in acquiring ownership of now-defunct daily National Herald.

In his petition, the senior BJP leader had alleged misappropriation of assets worth Rs 2000 crore of the National Herald newspaper. Swamy had also accused Sonia and Rahul and others of conspiring to cheat and misappropriate funds by just paying Rs 50 lakh by which Young Indian obtained the right to recover Rs 90.25 crore which the AJL had owed to the Congress party.

Swamay alleged that in the present scenario over Rs 2,000 crore worth of assets also got transferred to YI, whose 76 per cent of shareholding vests with Sonia and Rahul Gandhi and the remaining shareholding of 24 per cent vests with the other accused.

The Congress is hoping that the Gandhis who have been summoned for misappropriation of funds will get relief.

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