Probe Agency Takes Action On Key Properties In Congress-Linked Herald Case
The Enforcement Directorate (ED) Saturday said it has issued notices to take possession of immovable assets worth Rs 661 crore that it had attached in a probe into the money laundering case against Congress-controlled Associated Journals Limited (AJL).
The notices, which seek vacation of the premises, were affixed at the Herald House at ITO in Delhi, at the premises in Bandra area of Mumbai and the AJL building located at Bisheshwar Nath Road in Lucknow on Friday, the central agency said in a statement.
The action has been taken under Section (8) and Rule 5(1) of the Prevention of Money Laundering Act (PMLA).
The ED, the central agency which investigates financial crimes, attached these immovable assets in November 2023.
The case of money laundering is against AJL and Young Indian.
The National Herald is published by AJL and owned by Young Indian Private Limited. Congress leaders Sonia Gandhi and Rahul Gandhi are majority shareholders of Young Indian with 38 per cent shares held by each one of them.
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