National Herald: Analysing Transactions of Three Entities

The National Herald Case, in recent times, has gained a lot of attention from the media, and everyone is wondering if it is a case of money laundering. The Gandhi family has been questioned several times by authorities but has consistently denied the claims levelled against them. The case was brought up in 2012 by BJP leader Subramanian Swami, who filed a complaint against Gandhi alleging them of corruption and falsely acquiring property worth crores in their name by illegal means. The entities in question are the AJL (Associate Journal Limited), a Private Ltd. company and the other two entities are the Indian National Congress(INC) and Young India Limited (YIL) both run as not-for-profit. This paper aims at analysing how the three entities were involved in some transactions, which are being claimed as money laundering by one party and the other party argues it as a transaction that does not provide any sort of personal advantage to them, thus denying any case of money-laundering or corruption.