BJP leader Subramanian Swamy has alleged that there was misappropriation of assets of over ₹2,000 crore in an equity transaction.
In the National Herald money laundering case, Congress leaders Rahul Gandhi and Sonia Gandhi were the targets of a prosecution complaint filed by the Enforcement Directorate (ED) on Tuesday.
Sam Pitroda of Congress and a number of other people have also been named in the complaint, according to sources.
Vishal Gogne, the Rouse Avenue Courts‘ Special Judge (PC Act), reviewed the case today and stated that it will be heard again on April 25 to consider the cognisance aspect.
“A fresh prosecution complaint under sections 44 and 45 of Prevention of Money Laundering Act (PMLA) 2002 for commission of offence of money laundering as defined under section 3 read with section 70 and punishable under section 4 of PMLA, 2002 filed by the ED, has been received by way of assignment. Let the complaint be checked and registered,” the Court said.

The National Herald case pertains to the assignment of a ₹90 crore loan advanced by the Congress party to Associated Journals Ltd (AJL) – owner of the National Herald – to Young Indian for a consideration of ₹50 lakh.
It has been alleged that there was misappropriation of assets of over ₹2,000 crore in an equity transaction.
Sonia Gandhi, Rahul Gandhi, Motilal Vora, Oscar Fernandes, Suman Dubey, Sam Pitroda, and the Gandhi family-controlled Young Indian were all charged by BJP leader Subramanian Swamy in his private complaint with defrauding, criminal conspiracy, criminal breach of trust, and property theft.
The Additional Chief Judicial Magistrate is currently hearing the trial in the predicate criminal case at Rouse Avenue Court.
Judge Gogne pointed out that the predicate offense must be tried in the same court that has jurisdiction over the money laundering offense under Section 3 of the PMLA, as required by Section 44(1)(c) of the PMLA.
He went on to say that the same jurisdiction must decide both offenses.
In the meantime, the ED attorney stated that he would submit a request to transfer the case to the Principal District & Sessions Judge.
On April 25, the case will be heard again.