Cong To Challenge Delhi HC’s Order On National Herald Case

0
54

New Delhi: Congress said that they challenge Delhi High Court’s order on National Herald Case to Supream Court.

Started in 1938 by Jawaharlal Nehru, the National Herald’s circulation and financial health steadily deteriorated over decades, leading to its closure in 2008 with a debt of Rs 90 crore on its head. Swamy accused the Congress of loaning this money to AJL and then assigning the debt to YIL for Rs 50 lakh – a transaction that the BJP leader said amounted to cheating and a breach of trust.

The National Herald building in New Delhi is prime real estate, which was leased out for commercial purposes and AJL is receiving rental of Rs 60 lakh per month for this property alone. AJL also has real estate assets of at least Rs 2,000 crore in posh areas of New Delhi and several other places, Swamy claimed.

---