Friday, 27 June 2014

Case against Sonia, Rahul Gandhi: Congress sees 'vendetta' by BJP - Financial Express

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SummaryCongress today saw "vendetta" by BJP and Subramanian Swamy against it in the case of alleged misappropriation and fraud against Sonia and Rahul Gandhi...



Congress today saw "vendetta" by BJP and Subramanian Swamy against it in the case of alleged misappropriation and fraud against Sonia and Rahul Gandhi in the National Herald issue.


"The entire episode leading to filing of a complaint by Subramanian Swamy is nothing but a motivated, mischievous and malicious attempt by him and BJP's dirty tricks department to unleash their revengeful vendetta.


"While the matter is subjudice and no summons have been received till date by Congress President, Vice President or other leaders, I would like to say that we shall take appropriate legal advice and counter the matter in appropriate fora," party spokesperson Randip Surjewala said.


Seeking to dismiss the controversy over the case of alleged misappropriation and fraud against Sonia and Rahul in this case, he said that the party will counter the matter in the appropriate forum.


The Congress spokesperson said that both Swamy and his colleagues in the BJP forgot to tell the court that the Young Indians is not for profit organization under section 23 of the Companies Act.


He said that in such a company none of the directors or shareholder can claim any remuneration, salary and other emoluments and it's a prerequisite that no profit or dividend can be given to any stakeholder.


Surjewala said that all shareholders and Directors in such a company have to abide by the defined objective and in the case of Young Indians, the defined objective was to ensure preservation of democratic values, protection of fundamentals of secularism and propagation of the thought process of Mahatma Gandhi and Jawaharlal Nehru.


Sonia and Rahul were yesterday summoned as accused by a local court for alleged cheating and misappropriation of funds in acquiring ownership of the now-defunct daily National Herald.


Holding that Swamy, who moved the complaint, has established a prima facie case, Metropolitan Magistrate Gomati Manocha had also issued summons to AICC Treasurer Moti Lal Vohra, General Secretary Oscar Fernandes, and Suman Dubey and Sam Pitroda, besides the Gandhis, to appear before the court on August 7.


All of them are directors of Young Indian Ltd (YI), a company that was incorporated in 2010 and which took over the "debt" of Associated Journals Ltd (AJL), the publisher of National Herald.


Replying to a question about the quizzing of West Bengal Governor M K Narayanan by CBI as a "witness" in connection with its probe into allegations of bribery in the Rs 3600-crore VVIP chopper deal with AgustaWestland, Surjewala




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