How National Herald sank without a trace Anser Kidwai, then editor of National Herald, can’t forget his November 19, 1985 meeting with Rajiv Gandhi at 7 Race Course Road. NEW DELHI: In a huge setback for Congress president Sonia Gandhi and her son Rahul, the Delhi High Court has cleared an Income Tax Department investigation in the National Herald case , Times Now reported.The case is based on a private criminal complaint filed by BJP MP Subramanian Swamy in 2012. He has accused the Gandhis and others of conspiring to cheat and misappropriate funds by paying just Rs 50 lakh to acquire a company worth more than Rs 2,000 crore. In addition to the Gandhis, Motilal Vora, Oscar Fernandes, Suman Dubey and Sam Pitroda are the other accused in this case.Swamy said that an entity called Young Indian Private Limited (YIL) - in which Sonia and Rahul both have shareholdings - paid Rs 50 lakh to acquire The Associated Journals Limited (AJL) which published the National Herald newspaper. (With inputs from PTI)

Source: Times of India May 12, 2017 07:16 UTC