Rouse Avenue Court Delays Verdict on National Herald Money Laundering Case

The Rouse Avenue court in New Delhi delayed its verdict concerning the Enforcement Directorate's charge sheet in the high-profile National Herald case. The court cited the necessity for further inspection of the case files, scheduling a review on August 7 and 8 to determine the next steps.

The case implicates Congress leaders Sonia Gandhi, Rahul Gandhi, and others in alleged fraudulent activities, with accusations involving Young Indian's financial dealings with Associated Journal Limited (AJL). The Directorate claims Young Indian gained undue rights to recover a substantial loan by paying a fraction to the Congress.

Additional Solicitor General S V Raju argued that the accused engaged in money laundering, violating the Prevention of Money Laundering Act. The defense countered, claiming the funds were for AJL's revival, a historic entity linked to India's independence movement. As the court prepares to inspect the evidence, the legal community closely watches the unfolding drama in this complex financial case.

(With inputs from agencies.)