Overview

• The ED has told a Delhi court that Sonia and Rahul Gandhi, as majority stakeholders in Young Indian, benefited from ₹142 crore in proceeds of crime until the agency attached assets in November 2023.
• The chargesheet alleges that Young Indian acquired Associated Journals Limited's assets, valued at over ₹2,000 crore, for just ₹50 lakh in a fraudulent transaction.
• Additional Solicitor General SV Raju argued that Young Indian was a sham entity used to transfer public donations into private assets for the benefit of the Gandhis.
• The court has scheduled daily hearings from July 2 to 8 to decide whether to take cognisance of the ED’s chargesheet, which includes allegations of money laundering and conspiracy.
• Congress has dismissed the charges as politically motivated, while BJP leaders have criticized the Gandhis over alleged misuse of public funds.