All you should know about the National Herald Case

The supreme court has made it clear today that Sonia Gandhi and her son Rahul Gandhi should face the trial proceedings in the National Herald case. But what is this National Herald Case anyway!

- The National Herald case was filed by the BJP leader Subramanian Swamy in 2012 against six members.

- Apart from Sonia and Rahul... Congress treasurer Motilal Vora, general secretary Oscar Fernandes, journalist Suman Dubey and technology advisor Sam Pitroda were also named in the case.

- These people have formed a company called `Young Indian’ through which they have acquired the `Associated Journals Limited’.

- Associated Journals Limited (AJL) was a public company formed by congress leaders way back in 1937 to spread the views of their party through various publications.

- AJL used to publish the National Herald newspaper in English, Qaumi Awaz in Urdu and Navjeevan in Hindi.

- Due to several losses and lack of impact on the public, these news papers were closed down by the year 2008.

- It’s interesting that the assets of AJL by today’s value would stand around 5,000 crores... And these assets were transferred to the Young Indian company for just 50 lakhs!

- Further, a debt of 90 crores provided by the Congress party to AJL has also been transferred to Young Indian company at 0 percent interest.

- The Gandhi's have been claiming that everything has gone fair in the acquisition that they have made. But the facts seem to speak otherwise!