Next Story
Newszop

'There is nothing to conceal': Karnataka deputy CM Shivakumar admits to donating Rs 25 lakh to National Herald

Send Push
NEW DELHI: Karnataka deputy chief minister DK Shivakumar on Friday admitted to donating Rs 25 lakh to the National Herald, saying "there is nothing to conceal, it is a newspaper run by our party."

Shivakumar's statement came after the ED named his brother DK Suresh and Telangana chief minister Revanth Reddy in its chargesheet related to the National Herald case .

Addressing reporters, Shivakumar said, "I donated Rs 25 lakh to the National Herald. It is a newspaper run by our party. My brother and I have given money to the publication. We have also given donations from our trust. We have given our hard-earned money; there is nothing to conceal," Shivakumar told reporters.

The National Herald newspaper is still under investigation by the Enforcement Directorate (ED) as part of an ongoing probe involving senior Congress leaders, including Sonia Gandhi and Lok Sabha Opposition Leader Rahul Gandhi.

The matter is linked to alleged financial irregularities in the transfer of a Rs 90.25 crore loan from the Indian National Congress (INC) to Associated Journals Ltd (AJL), the publisher of the National Herald, and its subsequent assignment to Young Indian for a mere Rs 50 lakh.

BRS working president K T Rama Rao (KTR) also posted on X, sharing newspaper report screenshots about the National Herald case.

"Telangana has become an ATM for Scamgress and it's been now corroborated by agencies As the ED charge sheets Telangana "Bag Man" in National Herald case, he is trying his best to distract the people's attention from his corrupt practices The million dollar question is whether the NDA Govt will act this time or pardon Revant Reddy as they've done in the case of Amrut Scam, RR Tax and Civil supplies scam" he wrote on X.

Earlier on Wednesday, the ED presented initial arguments at Delhi's Rouse Avenue Court regarding its complaint against Congress leaders Sonia Gandhi, Rahul Gandhi, and others in a money laundering case connected to the National Herald.

Additional Solicitor General (ASG) S V Raju told the court that the case involves proceeds of crime and ongoing criminal activity, which amounts to money laundering.

Following arguments by ASG Raju and ED Special Counsel Zoheb Hosain, the court scheduled the next round of hearings from July 2 to July 8.

The court scheduled the next hearing for July after the defence requested more time, citing the submission of a large number of documents totaling 5,000 pages.
Loving Newspoint? Download the app now