ED seals Young Indian Ltd office in Herald House building over alleged money laundering case

The Enforcement Directorate on Wednesday sealed the Young Indian office at the Herald House building over an alleged money laundering case, according to ANI.

As per an order by the central probe agency, the premises cannot be opened without prior permission" from ED..

The probe agency took action a day after the Enforcement Directorate (ED) carried out raids at 12 locations in the national capital and at other places in connection with the National Herald case in which top Congress leaders are accused of violating norms.

The National Herald case pertains to the alleged financial irregularities under the Prevention of Money Laundering Act (PMLA) and was registered about nine months ago after a trial court took cognisance of an Income Tax department probe carried out on the basis of a private criminal complaint filed by former Bharatiya Janata Party (BJP) MP Subramanian Swamy in 2013.

"Delhi Police blocking the road to AICC Headquarters has become a norm rather than an exception! Why have they just done so is mysterious...," Congress leader Jairam Ramesh said.

While, additional police force have also been deployed outside 10 Janpath, the residence of Congress interim president Sonia Gandhi.

The petitioner had approached the court alleging that the assets of Associated Journals Limited (AJL), which published the National Herald newspaper, were fraudulently acquired and transferred to Young Indian Pvt Limited (YIL), in which Congress leaders Sonia Gandhi and her son Rahul Gandhi owned 38 per cent shares each.

(With agency inputs)

Published on: Wednesday, August 03, 2022, 05:40 PM IST