National Herald Case: Court seeks 2010-2011 balance sheets of the Congress party
New Delhi: The Delhi court on Monday directs the Congress to submit its balance sheet for the year 2010-11 by April 8, after the party request for more time to submit the documents.
Metropolitan Magistrate Lovleen asked the Congress and AJL to submit, by April 8, the balance sheets in conformity of the March 11 order, after the party request the court for more time. The party said the notification were received on March 19.
According to the sources, the court here on Monday asked for the balance sheets of the Congress party, and the Associated Journals Pvt Ltd (AJL) for the year 2010-2011 in relation to the National Herald case.
On March 11, the court summoned the documents saying that these documents could not be referred as “personal documents” of the accused, Congress president Sonia Gandhi, and Congres Vice-President Rahul Gandhi.
The order came on the petition of Bharatiya Janata Party (BJP) leader Subramanian Swamy who sought summoning of balance sheet, receipts and payments accounts, income and expenses statements for the year 2010-2011, 2011-2012 and 2012-2013 of the Congress and the AJL.
Earlier he told the court that these records were necessary to establish the method adopted by the condemned for the purpose of extending loans to acquire AJL, through Young India.
Congress leaders Motilal Vora, and Oscar Fernandes, family friend Suman Dubey and technocrat Sam Pitroda were also named as the respondent in the case.
On June 26, 2014, the trial court issued a notification to the Congress leaders on Swamy’s complaint about “cheating” in the acquisition of Associated Journals Ltd., which published the National Herald newspaper, by Young India Ltd., “a firm in which Sonia and Rahul Gandhi each own a 38 percent stake”.