Setback for Congress in National Herald Case as Rs 751 Cr Asset Seizure Upheld

New Delhi: The Congress faced a major setback as the Prevention of Money Laundering Act (PMLA) Adjudicating Authority confirmed the attachment of over Rs 751 crore belonging to Congress party-run Associated Journal Limited (AJL) and Young Indian.

The PMLA Adjudicating Authority stated that “the attachment shall continue during the pendency of the proceedings and become final after an order of confiscation is passed by the special court.”

The confirmation of the PMLA Adjudicating Authority came a day back following detailed hearings on the property attachment order issued in November 2023 by the Directorate of Enforcement (ED).

The ED is investigating this case under the provisions of the Prevention of Money Laundering Act, 2002, considering a complaint, filed by Subramanian Swamy, against individuals including Congress leaders Sonia Gandhi, her son Rahul Gandhi, Motilal Vohra, Oscar Fernandes, Suman Dubey, Sam Pitroda, and Young Indian.