India, April 16 -- The Congress on Wednesday rejected the Enforcement Directorate's (ED) claim in its latest chargesheet in the National Herald money laundering case that the assets of Associated Journals Limited (AJL), the newspaper's parent company, are currently valued at Rs.5,000 crore.

Congress communications chief and Rajya Sabha MP Jairam Ramesh dismissed ED's claim as "fake" and a mere "obligation". He also denied allegations that AJL was improperly acquired by Young Indian (YI), a not-for-profit company in which Congress leaders Sonia Gandhi and Rahul Gandhi together hold a 76% stake. He rejected the assertion that the Gandhi family had earned profits or been involved in financial mismanagement.

"A lie is being told that AJL ha...