look news india
The Enforcement Directorate (ED) has taken major action in the National Herald Money Laundering case. The ED has started the process of capturing the assets of Associated Journal Limited (AJL). On 11 April 2025, the ED sent a notice to the property registrar of Delhi, Mumbai and Lucknow. Apart from this, notice has also been sent to Jindal South West Projects Limited located at Herald House, Mumbai. Which is on rent on the 7th, 8th and 9th floors of that building. Now they have to deposit the monthly rent to the ED.
Notice outside National Herald Office
ED investigation revealed that a black money of about Rs 988 crore was earned in the case. For this reason, AJL’s assets and shares were confiscated on 20 November 2023. The cost of which is around ₹ 751 crore. This action has now been approved by the competent court on 10 April 2024. The whole matter started with the complaint of Dr. Subramanian Swamy. In which he alleged that Sonia Gandhi, Rahul Gandhi and his colleagues grabbed AJL’s assets worth Rs 2,000 crore by paying only Rs 50 lakh. When the case was investigated, it was also found that more than Rs 85 crore was embezzled through fake donations, false fare and fake advertisements. Now the ED has pasted notices to take possession of these properties and started the process of taking possession.
What was revealed in ED investigation?
According to the agency, AJL-Young Indian Network was used to raise illegal funds of Rs 18 crore, Rs 38 crore as advance fare and Rs 29 crore through advertisements. Officials said the latest step aims to prevent continuous consumption, use and further production of contaminated assets.