In response to the Enforcement Directorate (ED) sealing the Young Indian office in Delhi due to a case connected to the National Herald newspaper, Congress MPs will meet today to discuss their approach.
There was no one from the Young Indian side there on Tuesday and Wednesday, according to sources in the Enforcement Directorate, thus the office at Delhi’s Herald House was temporarily locked.
Additionally, Sonia Gandhi’s home was under intense security, and the roads leading to the Congress’s headquarters were momentarily blocked off.
The Congress said that the government had placed the party “under siege” and that Sonia Gandhi, the party’s leader, and Rahul Gandhi’s homes had been surrounded as though they were “terrorists.”
The investigation by the ED into alleged financial irregularities involving Young Indian and Associated Journals Ltd. (AJL), the company that publishes the National Herald daily, is the subject of the case.
The National Herald is now owned by The Young Indian, which took over Associated Journals Limited. According to the Income Tax authorities, it took over 800 crores in AJL assets, which should be regarded as an asset of Young Indian shareholders Sonia Gandhi and Rahul Gandhi for which they should pay tax. According to the Congress, because the Young Indian is a non-profit, its shareholders cannot earn financially from its assets.
