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CBI raids residence of NDTV founder; News Company alleges witch-hunt

Prannoy Roy

Srinagar: The Central Bureau of Investigation (CBI) on Monday raided the residence of NDTV co-founder and executive co-chairperson Prannoy Roy.

The CBI has registered a case against Prannoy Roy and his wife Radhika Roy, a private company and others for causing an alleged loss to a private bank.

The case reportedly relates to a bank loan default of Rs 48 crore taken from ICICI bank.

According to the FIR filed, the loan defaulted by NDTV’s Prannoy Roy is for a company named RRPR holdings private limited.

Searches are being conducted at four places including Delhi and Dehradun, CBI officials have said.

In a statement issued, NDTV said:

“This morning, the CBI stepped up the concerted harassment of NDTV and its promoters based on the same old endless false accusations.

NDTV and its promoters will fight tirelessly against this witch-hunt by multiple agencies. We will not succumb to these attempts to blatantly undermine democracy and free speech in India.

We have one message to those who are trying to destroy the institutions of India and everything it stands for: we will fight for our country and overcome these forces.”

On Twitter, NDTV Managing Editor Sreenivsan Jain said: “Message is clear: any independent voices in media will be bullied and shut down. Black day.”

NDTV’s Editorial Director Sonia Singh tweeted: “Stand fully with Prannoy & Radhika Roy, the most honest, decent & courageous people I know. We will not be cowed down by false charges.”

Executive Editor Nidhi Razdan said: “A message to those in the media who are still independent and do their job by fearlessly asking questions. We won’t be intimidated.”

It may be recalled that NDTV Executive Editor, Nidhi Razdan, had directed BJP spokesperson, Sambit Patra, out of her show a few days ago.

Patra had alleged that NDTV was running an agenda which angered Razdan who then asked Patra to leave the show.


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