The EOW has asked Shivakumar to clarify the source, purpose, and end use of the donations and submit supporting documents, including bank statements and ITR filings.
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Moneycontrol06/12/2025

National Herald case: EOW notices DK Shivakumar, DK Suresh on Young Indian funds

  • EOW issued notice to Karnataka Deputy CM DK Shivakumar and MP DK Suresh over their transactions with Young Indian, owner of National Herald.
  • The notice, dated November 29, requires the brothers to provide detailed financial information on payments to Young Indian by December 19.
  • The inquiry is part of a broader investigation into alleged misappropriation of government-allotted properties given to Associated Journals Limited (AJL).
  • ED claims AJL assets, valued over Rs 2,000 crore, were acquired by Young Indian for just Rs 50 lakh and later exploited.
  • This follows a previous ED chargesheet against Congress leaders Sonia Gandhi and Rahul Gandhi under PMLA, with assets worth Rs 661 crore attached.

Why It Matters: It signals deepening legal trouble for politicians in a high-profile financial case.

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