Rs 414 cr fine imposed by I-T dept on firm in Herald case: Swamy to court

January 20, 2018 20:15

BJP leader Subramanian Swamy today told a Delhi court that a Rs 414 crore fine was recently imposed on Young Indian Pvt Ltd by the Income Tax department in connection with the National Herald case filed by him

against Congress leaders Sonia Gandhi, Rahul Gandhi and others.

Swamy submitted before Metropolitan Magistrate Ambika Singh that the I-T department had launched a probe against Gandhis, YI, and four other accused after taking note of his complaint in the case.

The court directed that the I-T department documents submitted by Swamy be kept in a sealed cover till further orders.

Swamy, in a private criminal complaint, has accused the Gandhis and others of conspiring to cheat and misappropriate funds by paying just Rs 50 lakh, through which YI obtained the right to recover Rs 90.25 crore which Associate Journals Ltd owed to the Congress.

"The I-T department took notice of the facts in my complaint and launched an investigation against the seven accused. A Rs 414 crore fine was imposed on YI for withholding information," Swamy said in the court.

-- PTI

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