https://www.youtube.com/watch?v=AL0jjP8UXmk (7:30)
Published on Jun 18, 2013
There was a newspaper setup by in the freedom struggle called "National Herald". It also had a Urdu edition called 'Quami Awaz'& hindi ediion called "Navjeevan". Now when it was setup in the freedom struggle everyone decided chairman should be Jawaharlal Nehru, so he was chairman of the newspaper co. & people gave donations & newspaper published. After independence Nehru became prime minister & by suing government power he gave public properties to National herald for buildings, loans at cheap rate.
In the beginning newspaper grew up but later on its business started going down due to competition of other newspaper. So in 2008 national herald accumulated a debt of 90cr rupees. At that time national herald decided we cannot continue like this & they closed down. After national herald's closing Sonia Gandhi & rahul Gandhi put together 5 lakhs & created a new company called "Young Indian"& Sonia Gandhi singed as leading director & she has 38% & Rahul Gandhi has 38% shares. Other two directors had remaining 24%( 1. Oscar fernades & 2. Moti Lal Vohra each 12%).
Then this company decided that we will approach the national herald & we will arrange for the loan & pay for the debts & then national herald became free from loan. Then young Indian company passed a resolution & asked Moti Lal Vohra to talk with chairman of the National herald who was also a motilal vohra. Young Indian asked national herald that you need not to pay back that 90 cr loan money to us. But as a consideration national herald must transfer all the shares to young Indian company. That means 5000cr worth of property of the national herald would go to young Indian company. So the young Indian co. who had 5 lakh rupees capital would get 5000 cr property. So that is agreed & then Sonia Gandhi told motilal that " please ask treasurer of congress party to hold a meeting & give 90 cr from the congress party bank account to national herald.
After clearing debts national herald transferred all the shares to young Indians. Then next day Sonia Gandhi called an emergency meeting & said national herald have done lot of service for our country during freedom struggle & furthermore they are not in the position of paying back this loan so let us declare this 90 cr loan as a sick loan & non performing asset & write it off. So the congress party office bearer passed a resolution saying that the 90 cr which we gave to national herald is here by written off. So without paying any Paisa (money) young Indian got a 5000 cr property, 1 big 11 storey building in delhi which rahul Gandhi visited & partly renovated & rented it out to external ministry for Passport seva Kendra, multinational companies etc. & getting 60 lakh as a rent per month.
So I went to court , I went to the lowest level of court that is magistrate, I argued this matter so magistrate court said me that to summons the Sonia Gandhi, rahul Gandhi, motilal vohra & other chairman of young Indian company I have to come in witness box & make a statement about "why you want to summons them?" I decided to summons them. So I have given date in july. As soon as court starts in july I will go back to court & will make sure that summons get issued for Sonia Gandhi & other members. I have proof that Sonia Gandhi signed documents & everywhere else signed by ManMohan singh but in this case she has signed it. I will accuse them for fraud, breach of trust, conspiracy. If I successfully convict them on this alone they all will go to jail for 27 years.
In the beginning newspaper grew up but later on its business started going down due to competition of other newspaper. So in 2008 national herald accumulated a debt of 90cr rupees. At that time national herald decided we cannot continue like this & they closed down. After national herald's closing Sonia Gandhi & rahul Gandhi put together 5 lakhs & created a new company called "Young Indian"& Sonia Gandhi singed as leading director & she has 38% & Rahul Gandhi has 38% shares. Other two directors had remaining 24%( 1. Oscar fernades & 2. Moti Lal Vohra each 12%).
Then this company decided that we will approach the national herald & we will arrange for the loan & pay for the debts & then national herald became free from loan. Then young Indian company passed a resolution & asked Moti Lal Vohra to talk with chairman of the National herald who was also a motilal vohra. Young Indian asked national herald that you need not to pay back that 90 cr loan money to us. But as a consideration national herald must transfer all the shares to young Indian company. That means 5000cr worth of property of the national herald would go to young Indian company. So the young Indian co. who had 5 lakh rupees capital would get 5000 cr property. So that is agreed & then Sonia Gandhi told motilal that " please ask treasurer of congress party to hold a meeting & give 90 cr from the congress party bank account to national herald.
After clearing debts national herald transferred all the shares to young Indians. Then next day Sonia Gandhi called an emergency meeting & said national herald have done lot of service for our country during freedom struggle & furthermore they are not in the position of paying back this loan so let us declare this 90 cr loan as a sick loan & non performing asset & write it off. So the congress party office bearer passed a resolution saying that the 90 cr which we gave to national herald is here by written off. So without paying any Paisa (money) young Indian got a 5000 cr property, 1 big 11 storey building in delhi which rahul Gandhi visited & partly renovated & rented it out to external ministry for Passport seva Kendra, multinational companies etc. & getting 60 lakh as a rent per month.
So I went to court , I went to the lowest level of court that is magistrate, I argued this matter so magistrate court said me that to summons the Sonia Gandhi, rahul Gandhi, motilal vohra & other chairman of young Indian company I have to come in witness box & make a statement about "why you want to summons them?" I decided to summons them. So I have given date in july. As soon as court starts in july I will go back to court & will make sure that summons get issued for Sonia Gandhi & other members. I have proof that Sonia Gandhi signed documents & everywhere else signed by ManMohan singh but in this case she has signed it. I will accuse them for fraud, breach of trust, conspiracy. If I successfully convict them on this alone they all will go to jail for 27 years.
https://www.youtube.com/watch?v=vV8DxIyUMIk (38:00)
Priyanka Vadra
Published on Nov 1, 2012
New Delhi: 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.
Statement of Dr. Subramanian Swamy, President of the Janata Party & former Union Cabinet Minister made in New Delhi on November 1,2012.
1. Mrs. Sonia Gandhi and Rahul Gandhi had floated a Section 25 private company called Young Indian, and acquired the public limited company, the Associated Journals Ltd., which 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 of the said company. 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.
2. The first dubious fact of the AJ Company RoC details is that Jawahar Lal Nehru, Indira, Feroze Gandhi, GD Birla and other like noted deceased person, are shown as current shareholders! In fact 80 per cent of the original shareholders are no more alive So too many of the defunct firms, including several companies having dubious addresses in Kolkata, are shown as shareholders of the Associated Journals Ltd.
3. The second dubious fact is the acquisition of the associated Journals Ltld. Judging by documents filed with RoC it is wholly illegal. On February 26, 2011, the Board of AJ Pvt. Ltd. passed a Resolution approving that All India Congress Committee 9AICC) had loans to the Company unsecured and for zero interest rate to extinguish the liability of the company of more than Rs.90 crores. It is illegal for a political party to give loans to any company. The Resolution also resolved that in lieu of this deal with AICC, the Board decided to allot all AJ's nine crore shares, of Rs.10 each to Young Indian, the private company of Sonia Gandhi and Rahul Gandhi, where both together more than three fourths of the total shares and fully control the said Young Indian Company.
4. The third dubious fact is that Young Indian filed statements with the RoC disclosing that the shareholders meeting was held in Sonia Gandhi's Government allotted 10, Janpath. This is violation of the law since the 10, Janpath, New Delhi Government accommodation cannot be used for commercial purposes and business.
5. The fourth dubious fact is that the Rs.90 crore liability of The associated Journals was owned by Young Indian for a mere Rs.50 lakhs!
6. Thus the deal was to grab the Rs.1600 crore worth Herald House and other properties of the National Herald/Quami Awaz in Delhi and in different part of UP for a commitment to pay Rs.50 lakh to AICC for the Rs.90 crores advanced as unsecured zero interest loan.
7. Therefore, I urge immediate institution of a SFIO/CBI probe into this dubious stinking deal between Young Indian and The Associated Journals as also the illegality of the AICC in giving a loan to a private company in reckless cronyism since the AICC President is Ms. Sonia Gandhi and General Secretary Rahul Gandhi who are also owners of Young Indian, the beneficiary. More curiously, the associated Journals Ltd.'s Chairman Shri Motilal Vore is also the Treasurer of the AICC!
8. In his election affidavit on assets and liabilities, Mr. Rahul Gandhi had failed to inform that he owned 38 per cent share of a company he had formed named Young Indian with his mother, Ms. Sonia Gandhi, who also owned 38 per cent of the shares.
Source:
http://bharatpress.com/subramanian-sw...
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.
Statement of Dr. Subramanian Swamy, President of the Janata Party & former Union Cabinet Minister made in New Delhi on November 1,2012.
1. Mrs. Sonia Gandhi and Rahul Gandhi had floated a Section 25 private company called Young Indian, and acquired the public limited company, the Associated Journals Ltd., which 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 of the said company. 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.
2. The first dubious fact of the AJ Company RoC details is that Jawahar Lal Nehru, Indira, Feroze Gandhi, GD Birla and other like noted deceased person, are shown as current shareholders! In fact 80 per cent of the original shareholders are no more alive So too many of the defunct firms, including several companies having dubious addresses in Kolkata, are shown as shareholders of the Associated Journals Ltd.
3. The second dubious fact is the acquisition of the associated Journals Ltld. Judging by documents filed with RoC it is wholly illegal. On February 26, 2011, the Board of AJ Pvt. Ltd. passed a Resolution approving that All India Congress Committee 9AICC) had loans to the Company unsecured and for zero interest rate to extinguish the liability of the company of more than Rs.90 crores. It is illegal for a political party to give loans to any company. The Resolution also resolved that in lieu of this deal with AICC, the Board decided to allot all AJ's nine crore shares, of Rs.10 each to Young Indian, the private company of Sonia Gandhi and Rahul Gandhi, where both together more than three fourths of the total shares and fully control the said Young Indian Company.
4. The third dubious fact is that Young Indian filed statements with the RoC disclosing that the shareholders meeting was held in Sonia Gandhi's Government allotted 10, Janpath. This is violation of the law since the 10, Janpath, New Delhi Government accommodation cannot be used for commercial purposes and business.
5. The fourth dubious fact is that the Rs.90 crore liability of The associated Journals was owned by Young Indian for a mere Rs.50 lakhs!
6. Thus the deal was to grab the Rs.1600 crore worth Herald House and other properties of the National Herald/Quami Awaz in Delhi and in different part of UP for a commitment to pay Rs.50 lakh to AICC for the Rs.90 crores advanced as unsecured zero interest loan.
7. Therefore, I urge immediate institution of a SFIO/CBI probe into this dubious stinking deal between Young Indian and The Associated Journals as also the illegality of the AICC in giving a loan to a private company in reckless cronyism since the AICC President is Ms. Sonia Gandhi and General Secretary Rahul Gandhi who are also owners of Young Indian, the beneficiary. More curiously, the associated Journals Ltd.'s Chairman Shri Motilal Vore is also the Treasurer of the AICC!
8. In his election affidavit on assets and liabilities, Mr. Rahul Gandhi had failed to inform that he owned 38 per cent share of a company he had formed named Young Indian with his mother, Ms. Sonia Gandhi, who also owned 38 per cent of the shares.
Source:
http://bharatpress.com/subramanian-sw...