The Rouse Avenue court will pronounce the verdict on July 29.
On July 12, Additional Solicitor General SV Raju told the court that Young Indian Ltd was engaged in money laundering, and donating to it helped people secure tickets from the Congress party to contest elections.
Raju started his rejoinder arguments before Special Judge Vishal Gogne, citing a statement from the prosecution complaint where the person had alleged that arranging funds for Young Indian could help in securing a ticket to contest the general elections in April-May 2019.
The ED has accused Sonia and Rahul Gandhi, late Congress leaders Motilal Vora and Oscar Fernandes, as well as Suman Dubey, Sam Pitroda and a private company, Young Indian, of conspiracy and money laundering over the fraudulent takeover of properties valued at over ₹2,000 crore belonging to Associated Journals Limited (AJL), which published the National Herald newspaper.
The ED alleges that the Gandhis held the majority 76% shares in Young Indian, which fraudulently usurped the assets of AJL in exchange for a ₹90 crore loan. Its chargesheet names Sonia and Rahul Gandhi, Sam Pitroda, Young Indian, Suman Dubey, Sunil Bhandari and Dotex Merchandise Pvt Ltd.
ASG Raju questioned why Dotex would provide a ₹1 crore loan to Young Indian, which was running into losses.
He had added that the All India Congress Committee (AICC) had transferred the ₹90 crore loan to AJL in a clandestine manner and that the “debt was a facade.
