Janta Party president Subramanian Swamy alleged that the Congress president Sonia Gandhi and her son Rahul “fraudently” converted a public trust into private property, at a press conference organized by him in New Delhi on Thursday. The two Congress leaders acquired a Rs. 1,600 cr property called ‘Herald House’ and owned by Associated Journals Ltd in Delhi for just Rs. 50 lakh, he alleged.
Swamy alleged the Rahul and Sonia had a 76% stake in a private company ‘Young Indian’, which was used to take over Associated Journals and acquire Herald House.
He accused Rahul, a Congress general secretary, of not disclosing about his shares in Young Indian in his affidavit to the Election Commission while filing his nomination papers for the 2008 Lok Sabha elections.
Swamy alleged the Congress party had given loans to Young Indian and claimed he had evidence that the company’s meetings were held at 10 Janpath, Sonia’s official residence in Delhi.
“The deal is a sham, bogus, and a violation of several laws. It is a fraud committed in order to grab the Herald House in Delhi, that is located in a hub and which is valued at about Rs. 1600 crores,” he said.
With Agencies inputs