National Herald Case: The probe firm, Enforcement Directorate, on Saturday stated that it has actually offered notifications to residential or commercial property registrars in Delhi, Mumbai, and Lucknow to acquire properties worthRs 661 crores. This action is available in link with the Associated Journals Limited (AJL) cash laundering instance connected to Congress.
The probe firm has actually offered the notifications to the residential or commercial property registrars on April 11, per Section 8 of the Prevention of Money Laundering Act (PMLA), 2002, and Rule 5( 1) of the involved regulations.
In a declaration, the probe firm stated, “As component of the procedure to acquire the impure homes in the Associated Journals Limited (AJL) cash laundering instance, the Directorate of Enforcement (ED) in conformity with Section 8 of PMLA, 2002 and Rule 5( 1) of the Prevention of Money Laundering (Taking Possession of Attached or Frozen Properties Confirmed by the Adjudicating Authority) Rules, 2013, on 11.04.2025 has actually offered notifications to Registrars of residential or commercial property in Delhi, Mumbai, and Lucknow having territory of the location where AJL homes lie.”
“A notice under Rule 5 (3) of Prevention of Money Laundering (Taking Possession of Attached or Frozen Properties Confirmed by the Adjudicating Authority) Rules, 2013 has also been served on 11.04.2025 to M/s Jindal South West Projects Limited which occupying 7th, 8th, and 9th floor at Herald House, Bandra (E), Mumbai, to transfer the rent/lease amount every month in favour of Director, Directorate of Enforcement,” it proceeded.
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In a blog post on social media sites system X, the firm validated the issuance of notifications.
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As component of the procedure to acquire the impure homes in the Associated Journals Limited (AJL) cash laundering instance, the Directorate of Enforcement (ED) in conformity with Section 8 of PMLA, 2002 and Rule 5( 1) of the Prevention of Money Laundering (Taking … .– ED (@dir_ed)April 12, 2025
ED validated these homes were connected after a considerable examination which exposed “signification generation, possession and use of proceeds of crime to the tune of Rs 988 crores”.
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“Therefore, to secure the proceeds of crime and to prevent the accused form dissipating the same, the immovable properties of AJL located at Delhi, Mumbai and Lucknow valued at Rs 661 crores along-with the shares of AJL valued at Rs 90.2 crores were attached by issuing provisional attachment order (PAO) dated November 20, 2023 by the Directorate of Enforcement and the same has been confirmed by the Ld. Adjudicating Authority on April 10, 2024,” ED included. . .
The ED has actually performed searches and seizures at several areas,”uncovering incriminating documents linked to the alleged money laundering activities” Moreover, the examination under PMLA 2002 has actually exposed that Young Indian, an exclusive business supposedly beneficially possessed by Congress leaders Sonia Gandhi and Rahul Gandhi, obtained AJL homes worthRs 2000 crores forRs 50 lakh,”significantly undervaluing its worth”
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ED Investigation In Congress -Linked AJLCase
The ED examination started in 2021 based upon a cognizance order released in 2014 by the Metropolitan Magistrate Patiala House Courts of New Delhi, based upon an exclusive grievance submitted by(* ). . .Subramanian Swamy ED’s launch stated, “
examination by ED began in 2021, on the basis of a cognizance order released on The 26, 2014, by the June in Metropolitan Magistrate Patiala House Courts, based upon an exclusive grievance submitted by New Delhi.”
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.Shri Subramanian Swamy ED’s launch mentioned, “
grievance highlighted a criminal conspiracy theory by numerous noticeable political numbers, consisting ofThe Smt,Sonia Gandhi Sh,Rahul Gandhi Lt. Sh,Motilal Vohra Lt. Sh,Oscar Fernandes Sh,Suman Dubey Sh and an exclusive business Sam Pitroda for affirmed participation in a cash laundering system pertaining to the deceptive requisition of homes valued over 2000 crores coming from Young Indian (AJL).”
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Associated Journals Limited
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“The legal proceedings against the accused have faced challenges, but have been upheld by both the Delhi High Court and the Supreme Court of India, allowing the investigation to proceed.” ED’s
AJLAction On Key Properties In Case ED’s declaration additionally stated that the searchings for from the examination suggest that
The and AJL homes were utilized for generation of additional ‘Young Indian of Proceeds’ in the kind of contributions to the song ofCrime 18 crores, fraudulent development lease to the song ofRs 38 crores, and fraudulent promotions ofRs 29 crores.
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It from the Findings of(* )( ED )additionally suggest that Directorate and AJL homes were utilized for generation of additional Enforcement of Young Indian in the kind of fraudulent contributions to the song ofProceeds 18 Crime, fraudulent development lease to the song ofRs 38 Crore, and fraudulent promotions ofRs 29 Crore.”
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.Rs” (* ), to quit the additional generation, use, and satisfaction of the earnings of criminal offense and in conformity with Crore 8 of PMLA 2002 and
of Therefore (Section of Prevention or Money Laundering by the Taking Possession) Attached, 2013, the Frozen Properties Confirmed of Adjudicating Authority has actually started the procedures to acquire the impure homes,” ED proceeded. Rules
