Heraldgate: Facts of the case

To begin with, and briefly: In 2011, Ms Sonia Gandhi and her son,  Rahul Gandhi, both MPs and hence public servants under the Prevention of Corruption Act, had floated under Section 25 of the Companies Act, a company called Young Indian Private Ltd. The Ma-Beta corrupt duo hold 76 per cent of the total equity (38% shares each) in the company, while Motilal Vora, the Congress party Treasurer and Oscar Fernandes, held the remaining 24 per cent. If any person or group holds more than 74 per cent of a company’s equity...

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