New Delhi: Congress president Sonia Gandhi's lawyer Kapil Sibal told the Delhi High Court on Thursday that there was "no wrongful gain or loss" in the party assigning the Rs.90 crore loan against Associated Journals Ltd (AJL), the publisher of National Herald, to Young Indian Pvt Ltd (YIL) for Rs.50 lakh.

There were allegations of cheating against Sonia Gandhi and her son Rahul Gandhi in the acquisition of the AJL by the YIL. The allegations against Gandhis were that the AJL had received an interest-free loan of Rs.90.25 crore from the Congress and that the party transferred the debt to the YIL for Rs.50 lakh.