Lawstreet Journal

National Herald Case Update: "I Deny Levelling Allegations Of Personal Payment Of Rent, Etc." Says Subramanian Swamy In Cross-Examination

Lawstreet Journal 7 Feb 2020 4:32am

Image courtesy: Lawstreet Journal Judiciary National Herald Case Update: "I Deny Levelling Allegations Of Personal Payment Of Rent, Etc." Says Subramanian Swamy In Cross-Examination

On 3 February, 2020 Subramanian Swamy clarified that in his complaint in the case of the National Herald, he had not made any claims of personal payment of rent, emoluments and benefits to the Directors of Young Indians Ltd. by Associated Journals Ltd. (AJL),  the owners of the National Herald Newspaper.

The statement was made by Swamy during his cross-examination in the case of the National Herald before the Deputy Chief Metropolitan Magistrate Vishal Pahuja.

This case concerns the assignment of an Rs. 90 crores loan by the Congress Party owned YIL to Associated Journals Ltd (AJL)–owner of the National Herald Newspaper for a consideration of Rs. 50 Lakhs.

In his private complaint, Subramanian Swamy accused Young Indians as well as Rahul Gandhi, Sonia Gandhi and other leaders of the Congress of cheating under Section 420 of the Indian Penal Code, 1860 (IPC), criminal conspiracy under Section 120A, criminal breach of trust under Section  405 and misappropriation of property under Section 403 of IPC. 

Swamy also claimed that the rental income of Rs. 60 lakhs which had accrued to AJL from Herald House Property had been transferred to Young Indian's account.

Rahul and Sonia Gandhi, who are the Directors of Young Indians were represented by Senior Advocate RS Cheema who asked Swamy to appear for cross-examination. 

“In your pre summoning deposition dated 23.06.2014 Ex. CW1/D, you have deposed: ‘Further by becoming the Directors of YIL, the accused persons have duly enriched themselves as the properties of the AJL have been given on rent.… Continue Reading...


Tagged: Subramanian Swamy  
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