Professional Documents
Culture Documents
The company, AJL did not belong to any one person but to the Congress
Party and had assets of ninety Crores rupees worth in it.
transactions with a third party. Swamy further claimed that Sonia Gandhi
and Rahul Gandhi had taken over the assets to gain profits. He also
claimed Young Indian Ltd paid only Rs 50 lakh for the right to recover Rs
90 crores Associated Journals Limited owed to the party. This implies that
1
The investigating agency had summoned Rahul Gandhi and his mother,
incurred losses, and its holdings were transferred to Young Indian Pvt Ltd
(YIL) in 2011, with Sonia Gandhi and Rahul Gandhi on the board of
Sonia Gandhi and Rahul Gandhi each own 38% of the company. The
2
remaining 24% share of the company is owned by Congress leaders
Motilal Vora and Oscar Fernandes, (Vora and Fernandes have died),
journalist Suman Dubey and entrepreneur Sam Pitroda, who are also
Indian company, the operations of the National Herald and the fund
The Gandhis' YIL had a share capital of just Rs 5 lakh. It took a loan
3
and paid the Congress Rs 50 lakh to recover the debt of Rs 90.25
• But YIL ended up taking over AJL and, by extension, the defunct print
media outlet's assets, including prime real estate in Delhi and across
• The Congress, run by the Gandhis, waived off the remaining debt of
• So, the assets of AJL, which had hundreds of shareholders and did
• The Congress should have received Rs 90.25 crore. But the party got
Swamy has said the loan of Rs 90.25 crore itself was illegal as it
4
Does all this constitute a money-laundering offence? That's for the court
to decide. But here is the definition of money laundering. Money
laundering is the process of concealing the origin of money, often obtained
from illicit activities, by converting it into a legitimate source.
Be that as it may, there have been several twists and turns in the case
since 2012.
A week later, the Delhi trial court issued summons to Sonia Gandhi and
Rahul Gandhi on Swamy's petition. The court said it appeared that YIL
was created as a "sham or a cloak" to convert public money for personal
use. The Delhi High Court stayed the summons. The same year, the ED
began a probe to ascertain money-laundering charges
In 2015, Swamy moved the Supreme Court for speedy investigation but
was told to approach the high court. The Delhi High Court said that the
accused did appear to have "criminal intent". The same year, the ED
reopened its investigation after it was briefly closed due to "technical
reasons." Sonia Gandhi and Rahul Gandhi secured anticipatory bail from
the Delhi trial court.
5
In 2016, the Supreme Court exempted all five accused from personal
In 2018, the Centre decided to end the perpetual lease and evict AJL from
the Herald House premises allotted on Delhi's Bahadur Shah Zafar Marg
in 1962. The government said the ALJ was no longer conducting any
printing or publishing activity for which the building was allotted to it.
In 2019, the Supreme Court stayed the eviction proceedings until further
notice.
With their political fortunes on a constant decline, the ED's actions may
continue to help the BJP paint the Congress as a corrupt party despite the
6
Here's a list of possible questions to Rahul Gandhi made available by
sources.
4. Did you have a meeting with previous shareholders? If not, then why?
8. Can you give details of the assets of the Associated Journals Limited
THE CASE
Rahul Gandhi and Sonia Gandhi hold 38% shares of YIL each. According
location in New Delhi - was shut down in 2008 as it closed printing and
publication of the National Herald. At the time of its closure the AJL owed
Rs 90.26 crore to the Congress, which had given loans to the company in
order to keep the National Herald running. The loans were interest-free.
7
The debt was an asset of the Congress, which declared the loan as
Sometime later, the Congress assigned the debt owed by AJL to the
and Rahul Gandhi were said to have 38 per cent shares each.
However, according to the Income Tax department's record the combined
share of Sonia Gandhi and Rahul Gandhi was 83.3 per cent in the YIL. Of
the rest, 15.5 per cent was owned by Congress leader Motilal Vora and
As per the court records, the Young India Private Limited has a share
Simply put the YIL got the right to recover Rs 90.26 crore debt by paying
just Rs 50 lakh.
In December 2010, the AJL transferred its shares to the YIL as it failed
to pay back Rs 90.26 crore debt. This also resulted in sharp reduction in
the shareholding of the original 761 stakeholders of the AJL, who now
Now, the AJL became a subsidiary of the YIL, which was jointly owned
8
by Sonia Gandhi, Rahul Gandhi, Motilal Vora and Oscar Fernandes. The
AJL has real estate assets at prime locations in New Delhi, Mumbai,
After acquiring the properties of AJL, YIL declared that it would not carry
out any publication including the National Herald as it is not among its
objectives.
decision of the YIL crying scam. The National Herald House, from
where the daily was published, is located on a prime land in New
Delhi. It was given to the AJL at concessional rate for publication of
newspaper.
Swamy alleged that the building was being used for commercial and
New Delhi:
Even today, the government could not drive China out," adding "Rahul
Gandhi has been raising his voice against the Modi government on
9
inflation and rising prices of petrol and diesel. That is why, there is a
INDIA - 2023
The BJP leaders who are outraged over Rahul Gandhi’s speeches must
begin to think about this too, the editorial said.
Asle Toje said PM Modi is one of the most reliable faces of peace in
the world.
Asle Toje also added that India plays a vital role in halting the ongoing
Russia-Ukraine war. PM Modi is a leader who not only takes care of
uplifting India and its economy but also contributes and participates in
matters around the globe.
10
So, to conclude, Toje did praise the leadership of PM Modi.
The Wayanad MP said that he is hopeful that the govt will let him speak
in Lok Sabha tomorrow but he is not sure. When Gandhi entered the Lok
Sabha on Thursday, the BJP members strongly demanded that he
tenders an apology for his "democracy under attack" remark in
London.
17-3-2023 NEW DELHI: Breaking his silence over the allegations about
his London remarks, Congress leader Rahul Gandhi said Prime Minister
Narendra Modi and BJP are “scared” of the Adani scandal and the
questions raised by him about Modi's alleged relationship with Adani,
and they have contrived a “tamasha” in Parliament to divert the focus of
the country from the issue
11
Upping the ante, Rahul said it is a “test of Indian democracy” if an MP is
given the time to speak after four ministers have raised allegations against
him. “I want to make it clear that I am an MP. As allegations have been
made against me by four ministers in Parliament, it is my right to speak in
Parliament. If Indian democracy was functioning, I would be able to say
my piece in Parliament.
After four leaders of BJP have made allegations against an MP, will that
MP be given the same space as them, or is he going to be told to shut
up,” he said.
Rahul said at the root of the parliamentary blockade is the speech he gave
in Lok Sabha about Adani, his proximity to PM Modi, and the questions
he raised about the top corporate house getting defence deals with Israel,
power projects in Sri Lanka and Bangladesh, the PM’s meeting with
Adani, SBI chairman and an Australian leader in Australia after which the
bank granted a big loan to Adani.
During his interaction with the media, Rahul Gandhi said, "Unfortunately,
I am a member of Parliament and as the allegation has been made in
12
Parliament by four ministers, it is my democratic right to have an
opportunity to speak."
"They will make a joke of you. Say 'unfortunately for you'," Jairam Ramesh
can be heard saying in the video.
After Budget Session was washed out for the fifth day, Congress
leaders, including Rahul, Sonia Gandhi and Mallikarjun Kharge, staged a
protest outside Parliament, demanding J P C investigation in Adani
‘scam’. It was the second day that Rahul Gandhi was seen in the House,
even as BJP MP Nishikant Dubey wrote to Lok Sabha speaker demanding
termination of Wayanad MP’s membership from Parliament.
13
Yes, one corporate entity has done through Modi all these thigs:
Will Modi answer these issues and prove that crony capitalism has
not been indulged in, and governance has been open and democratic?
Adani has stated that whatever he got has been after proper bidding
and winning in the process and he did not get anything directly.
14
Facing flak for his “democracy under attack” in India remarks in the UK,
Gandhi on Thursday had said if Indian democracy was functioning, he
would be able to say his piece in Parliament, asserting that it is a “test of
democracy”.
After four leaders of the BJP have made an allegation about a Member of
Parliament, is that MP going to be given the same space that those four
Ministers have been given or is he going to be told to “shut up”, asked
Gandhi at a press conference, his first after returning from the UK. He had
also met the Lok Sabha speaker, requesting him for time to speak in the
House to put on his version on the issues.
The entire week has been a washout with the government demanding an
apology from Rahul Gandhi, while the Opposition has accused the Centre
of deliberately derailing Parliament as “it does not want to have a
discussion on Adani issue to agree for JPC”.
19-3-2023
15
‘Modani’ changed the foreign policy. Modi-Adani going abroad is not
cooperation.
The Congress hit back at Prime Minister Narendra Modi for his attack on
Rahul Gandhi over his "Indian democracy under attack" remarks in the
UK, asking Rahul to apologise first. Parliament is stalled.
The only time voices were muzzled was in 1975 during the
16
Pointing out to the condition of neighbouring nations like Sri Lanka and
Pakistan, Rajnath emphasised on the role being played by Prime Minister
Narendra Modi in strengthening the country’s economy.
BJP national president J P Nadda on Saturday said, while his party led by
Prime Minister Narendra Modi was focusing on all round and inclusive
development of the country, the Congress was still busy promoting
dynastic politics with repackaging after repackaging of its leader Rahul
Gandhi.
17
in London, the Congress on Sunday took a jibe at the saffron party and
tweeted a smiling photo of Rahul Gandhi in the driver's seat of a car.
"Sarvarkar samjha kya ... Name is Rahul Gandhi," the tweet read.
What was the urgency...' Rahul Gandhi questions sudden Delhi Police action
45 days after his remarks:
The Congress leader gave the 10-point reply hours after a Delhi Police
team knocked on his doors for the third time in five days. He also sought
eight to 10 days to give a detailed response to the questions posed by the
Delhi Police over his January 30 remarks, the sources said.
According to the police, Gandhi stated in Srinagar during the Bharat Jodo
Yatra that "I have heard that women are still being sexually assaulted",
and since the Yatra had passed through Delhi also, they wanted to
ascertain if any victim had approached the Congress leader here so that
they can initiate a probe into the matter.
18
Gandhi, the TRP of Prime Minister Narendra Modi. In the internal meeting
of the Trinamool Congress (TMC) which was held today, March 19, the
West Bengal CM said that the Congress leader was an asset of the
Bharatiya Janata Party (BJP).
Banerjee further added that the Congress had made the Wayanad MP the
important MP above all agenda. Taking a dig at the BJP, the west Bengal
CM said that the saffron party was keen on making Gandhi a hero.
She further stated if Gandhi becomes the face of the opposition, then
nobody could attack PM Modi.
19
five of its 17 sittings over the government’s insistence for apology by
Congress leader Rahul Gandhi for his remarks in the UK on Indian
democracy.
Every time ruling BJP members in the Lok Sabha and the Rajya Sabha
raised the issue of Gandhi’s apology, the Opposition benches responded
with shouts for a Joint Parliamentary Committee (JPC) probe into Adani
Group’s financial controversies.
The result was the two Houses were adjourned after brief sittings in the
morning and afternoon. On Friday, the two Houses adjourned for next
Monday after 15-20 minutes of sitting. Defence Minister Rajnath Singh in
the Lok Sabha and Leader of the House Piyush Goyal in the Rajya Sabha
flagged the issue of Gandhi’s speeches, and demanded that he apologise
for his comments on Indian Parliament and democracy.
20
Monday, the defence minister raised the issue and said the Congress
leader had spoken against the country and sought foreign powers’
intervention to “save” Indian democracy. This should be condemned by
the House and Gandhi should be asked to apologise before the House.
Parliamentary Affairs Minister Pralhad Joshi said Gandhi had cast
aspersions on the Speaker by wrongly alleging his microphone was
switched off when he was speaking.
The debate continued the whole week whether Gandhi had spoken
something for which he should apologise. Every time the ruling benches
shouted for apology; the Opposition benches responded in equal measure
with their demand for a JPC into the Adani Group affairs.
21
ADANI ISSUE CONTINUES
22
Cronyism isn’t new. Are we now seeing politics of business turn into
‘politics as business ‘
After Budget Session was washed out for the fifth day, Congress
leaders, including Rahul, Sonia Gandhi and Mallikarjun Kharge, staged a
protest outside Parliament, demanding J P C investigation in Adani
‘scam’. It was the second day that Rahul Gandhi was seen in the House,
even as BJP MP Nishikant Dubey wrote to Lok Sabha speaker
demanding termination of Wayanad MP’s membership from Parliament.
Clubbing Modi and Adani in the same word is a brilliant rhetorical device
to establish the proximity that both of them evidently enjoy. In a political
culture sensitive to allegations of ‘suit-boot ki sarkar’ (and for an earlier
generation, ‘Tata Birla ki sarkar’), this can be the masterstroke the
opposition has been waiting for.
23
23-3-2023
The court of chief Judicial Magistrate HH Varma, which held Gandhi guilty
under Indian Penal Code sections 499 and 500, also granted him bail and
suspended the sentence for 30 days to allow him to appeal in a higher
court, the Congress leader's lawyer Babu Mangukiya said.
Rahul Gandhi was present in the Surat court when the sentence was
pronounced.
The case was filed for his alleged "how come all the thieves have Modi as
the common surname?" remark on a complaint lodged by Gujarat BJP
leader Purnesh Modi. The complainant had claimed that the controversial
remark defamed the entire Modi community. Rahul Gandhi has got bail and
he will go in for an appeal in the sessions court.
24
In U K:
The intent was clear: Rahul was telling the international community to
beware. The ‘threat’ to Indian democracy isn’t just restricted to India. It will
have global repercussions. The carefully veiled but unmistakable
message: Intervene — before it is too late.
25
Disqualification:
The only scenario where the disqualification shall not take effect is if the
trial court itself or an appellant court stays his conviction as well as
sentence or the appellant court reduces the quantum of his sentence.
The law is clear that a person, who has been convicted and has not got a
stay on the conviction, his or her membership, will go.
The office of the speaker of the house informed Gandhi that he was
disqualified from the date of his conviction.
"The legal process will take a few days…I can't tell you at what pace we
will be able to do it. We have a team working on it. Hopefully in the not-
too-distant future we will overcome the impediments," he said.
26