Former Congress president Rahul Gandhi on Wednesday appeared before the Enforcement Directorate (ED) for the third consecutive day of questioning in the National Herald money laundering case.
During the questioning, 51-year-old Rahul was confronted with several documents collected by the ED as evidence. Quoting sources, news agency ANI reported that Rahul was asked about the ownership of Young Indian Private Limited (YIL) by the Gandhi family and its shareholding pattern in Associated Journals Limited (AJL).
The YIL runs the National Herald newspaper.
He was also asked about the circumstances under which AJL was acquired by YIL in 2010, making it the owner of all assets owned by the National Herald newspaper, according to ANI.
Who owns the National Herald?
The National Herald newspaper was started by India’s first Prime Minister Pandit Jawaharlal Nehru in 1938 as part of the country’s freedom struggle against the British government. K Rama Rao was its first editor
It also had Hindi and Urdu editions named Navjeevan and Qaumi Awaz.
In 1937, Associated Journals Limited (AJL) was founded with 5,000 freedom fighters as its shareholders. The company, owned by the YIL, now publishes the National Herald newspaper. In 1942, it was banned by the British government due to the Quit India movement, but it got reopened in 1945.
In 2008, the paper got shut down due to financial reasons, but was relaunched in 2016 as a digital publication.
