ED attaches Rs 752cr assets in National Herald case

ED attaches Rs 752cr assets in National Herald case

The Enforcement Directorate (ED) has attached assets worth Rs 751.9 crore in connection with a money laundering investigation against the National Herald newspaper, owned by Congress-linked Young India Limited. The ED issued a provisional order under the Prevention of Money Laundering Act (PMLA) against the newspaper's publisher, Associated Journals Ltd. (AJL), and its holding company, Young India. The investigation found that AJL possessed immovable properties worth Rs 661.69 crore, while Young India possessed proceeds of crime amounting to Rs 90.21 crore.

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