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  An in-depth legal update on jurisdiction, asset transfer claims, and alleged procedural violations Sonia Gandhi Questions Court’s Jurisdiction and ED’s Legal Foundation Congress leader Sonia Gandhi, through her counsel Senior Advocate Abhishek Manu Singhvi , raised strong objections regarding the jurisdiction of the Rouse Avenue Court to take cognizance of the prosecution complaint filed by the Enforcement Directorate (ED) in the National Herald money laundering case . She argued that the entire matter stemmed from a private complaint filed by BJP leader Subramanian Swamy , who, according to Singhvi, is not an authorized complainant under the Prevention of Money Laundering Act (PMLA). No Transfer of Property or Money, Says Singhvi Singhvi firmly maintained that no transfer of money or property occurred from Associated Journals Limited (AJL) to Young Indian (YI) . He clarified that Young Indian merely took over AJL’s debt , and AJL’s real estate assets remain under AJL’...

ED's Allegations on AJL's ₹2,000 Crore Assets In the ongoing hearing of the high-stakes National Herald money laundering case, the Rouse Avenue Court in Delhi has raised crucial questions regarding the alleged misappropriation of Associated Journals Limited’s (AJL) assets worth ₹2,000 crore. The Enforcement Directorate (ED), represented by Additional Solicitor General (ASG) S.V. Raju, has argued that the transfer of AJL to Young Indian—a company allegedly controlled by Congress leaders Sonia Gandhi and Rahul Gandhi—was not a legitimate business transaction but a calculated conspiracy to gain control of valuable real estate assets. ₹90 Crore Loan for ₹2,000 Crore Company: A “Sham Transaction”? The ED contended that the Indian National Congress extended a loan of ₹90.25 crore to AJL, which was financially struggling and unable to repay its dues. In a series of moves that the ED claims are fraudulent, Young Indian was allegedly formed and took over AJL’s massive assets in ex...