a latest development in the ongoing National Herald case, the Enforcement Directorate (ED) has named Telangana Chief Minister A Revanth Reddy in its chargesheet. The ED, which is investigating the alleged misappropriation of over ₹180 crore in the National Herald case, has implicated the senior Congress leader in its latest filing.
The National Herald case centers around the acquisition of Associated Journals Limited (AJL), the company that published the National Herald newspaper, by Young Indian, a non-profit company in which Sonia Gandhi and Rahul Gandhi each hold a 38% stake. The ED alleges that the transfer of AJL’s assets to Young Indian amounted to a misappropriation of public funds.
The inclusion of Revanth Reddy’s name in the chargesheet represents a significant development in the high-profile case. Reddy, who serves as the Chief Minister of Telangana, is known to be a vocal critic of the BJP-led central government and has been a prominent figure in the opposition ranks.
According to sources, the ED’s chargesheet outlines Revanth Reddy’s alleged involvement in the financial transactions related to the National Herald case. The agency is said to have gathered evidence that suggests Reddy played a role in the complex web of financial dealings that eventually led to the acquisition of AJL’s assets by Young Indian.
The move by the ED has already sparked a political firestorm, with the Congress party denouncing the action as a “witch hunt” and an “abuse of power” by the central government. Revanth Reddy himself has dismissed the allegations, calling them a “political vendetta” and vowing to fight the charges in court.
The National Herald case has been a long-standing source of contention between the Congress party and the BJP-led government. The ED’s latest move is likely to further heighten the tensions between the rival political factions, as the investigation continues to unfold with high-stakes implications for the senior Congress leaders involved.
