Dr Swamy targets Sonia and Rahul, accuses them in Herald House fraud

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Nov 01, 2012 :

Janata Party president Subramanian Swamy on Thursday targeted UPA chairperson Sonia and Gandhi and Congress general secretary Rahul Gandhi accusing them of converting a public firm into a private company. He said that Sonia and Rahul formed a private company named Young Indian and acquired a public limited company, the Associated Journals Limited.

The Associated Journals Ltd is the owner of National Herald and Quami Awaz newspapers and all high value real estate property in Delhi and other places in Uttar Pradesh associated with it. Swamy alleged that the deal between Young Indian and Associated Journals Ltd was a "fraud committed in order to grab the Herald House in Delhi, that is located in a hub and is valued at about Rs 1600 crore.

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