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CBI raids NDTV Prannoy Roy’s residence

Central Bureau of Investigation (CBI) has registered a case against NDTV founder Prannoy Roy, his wife Radhika Roy, a private company and others for allegedly causing a loss to ICICI bank. The loan was purportedly taken for a corporation named RRPR holdings Pvt ltd in 2008.

It is conducting raids at Roy’s residence in New Delhi, Dehra Dun and four other places. The television channel in its statement said that “This morning, the CBI stepped up the concerted harassment of NDTV and its promoters based on the same old endless false accusations.”

The premises of NDTV were not searched however the channel in its statement also said that it along with its promoters will fight untiringly against this “witch-hunt” by “multiple agencies”. The Enforcement Directorate(ED) and income tax (IT) authorities are probing NDTV since 2014

CBI officials searched the office of RRPR which is the promoter company of the English and Hindi news channels. RRPR is also being probed for funds it received from foreign entities in connection with Aircel-Maxis case and that of purchase of planes by Air India.

Roy had founded the TV network with Radhika Roy in 1988.

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