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

india
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Moneycontrol•06/12/2025
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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