CBI raids NDTV’s Prannoy Roy: ‘Won’t succumb to attempts to undermine democracy, free speech’

"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," NDTV statement said.

By: Express Web Desk | New Delhi | Updated: June 5, 2017 12:04 pm
NDTV, CBI raid, NDTV raids, Prannoy Roy, ICICI Bank CBI raids NDTV: CBI officials at an office of Prannoy Roy. Express Photo/Tashi Tobgyal

Following CBI raids at the residence of its co-founder Prannoy Roy, NDTV on Monday issued a statement condemning the raids. Describing the act as “concerted harassment”, adding that the organisation will fight against the “false accusations”. “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,” the statement read.

The organisation went on to add that it will not succumb to attempts of undermining free speech in the country. “We will not succumb to these attempts to blatantly undermine democracy and free speech in India.” The news channel also said it will continue to fight in the interest of the country. “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.”

CBI officials confirmed on Monday that searches are being carried out at four places in New Delhi and Dehradun. A case was registered by CBI against Prannoy Roy and his wife Radhika Roy, a private company and others for allegedly causing loss to a private bank. As per the reports, the case is related to a ICICI bank loan default of Rs 48 crore. As per the FIR, the defaulted loan by Roy is for a private company RRPR holdings private limited.

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    Aum shanti
    Jun 5, 2017 at 9:51 pm
    Nice job more n more deshdrohi should be under scanned not brought to justice previous government was soft on criminals,no more
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      kvjayan
      Jun 5, 2017 at 3:29 pm
      If this is a question of bank loan repayment, where does free speech come in? In that case even Vijay Mallya can shout about free speech.
      Reply
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        George
        Jun 5, 2017 at 5:33 pm
        Ambani and Adanai are bigger defaulters. All big corporates are defaulters, including Tata. They all buy time and pay up. Mallya was incurable; Dr. Roy is most respected and has not run away. This is nothing but witchhunting.
        Reply
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          Gaurav Gupta
          Jun 7, 2017 at 6:17 pm
          Hunting and not witch Hunting. witches still have some virtues, dogs & es from NDTV are traitors, anti nationals and should be publicly exposed further. Paid media - stooges of italian from vatican.
      2. S
        sreedhar
        Jun 5, 2017 at 3:28 pm
        NO-MO , NO-MO is trying to install himself as the unquestionable, supreme HOLY LEADER of INDIA. and he doesn't have any idea about the TRUE STRENGTH OF SPIRIT OF INDIA. That strength is what won freedom , that strength is what kept this most diverse nation glued together as one nation despite people like NO-MO and SHAH tried to split in in the name of religion, cow, beef , Hindu , Muslim etc....Nation will fight back and subjugate these evil forces from taking away what our forefathers have fought for and stood for.
        Reply
        1. S
          Satya Sunkara
          Jun 5, 2017 at 3:23 pm
          Media freedom and financial irregularities are two different things. ND tv cannot hide behind democracy and freedom of speech etc.
          Reply
          1. S
            Suhas
            Jun 5, 2017 at 3:13 pm
            Strangely IE editor has not mentioned a word about the misdeed of NDTV, reproduced below from the Moneylife for the readers "This explosive information, contained in the fi s with Supreme Court, perused by Moneylife, shows that the CBI has been investigating the NDTV group right since 2008, but the investigation seems to have been suppressed In an affidavit filed in the Supreme Court, the Enforcement Directorate (ED) has said it has received information from the Central Bureau of Investigation (CBI) that NDTV Studios, an Indian resident company, received Rs387.62 crore from NDTV (Media) Mauritius Ltd in 2008 and a small portion of the funds was used for investment in six new subsidiaries in India until 2009. In addition, in 2010, a major portion of the remaining funds, were invested in NDTV Multimedia (Mauritius) Ltd and further, in two existing wholly-owned subsidiaries in the Netherlands and UK through another subsidiary NDTV Worldwide Mauritius Ltd Is it 'free press'
            Reply
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              SATISH
              Jun 5, 2017 at 2:59 pm
              NDTV, Pranab Roy, all linked to this Communist Party who are involved in fue JNU, Hyderabad University Student Union unrests. NDTV is the worst Media in India who are just biased, Pro Porkistan. Instead of showing some positive news, they just show all wrong things, obviously against Govt & PM. The ghost Burkha was well know earlier. Shame on them for looting public money from bank & now tagging themselves as defaults of cores of rupees. CBI should lockout NDTV office to recover this public money
              Reply
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                sahil
                Jun 5, 2017 at 2:48 pm
                stay strong NDTV, you are a champion in these dark times of the jhandelwalan reich
                Reply
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                  Aadarsh
                  Jun 5, 2017 at 2:29 pm
                  CBI is speechless on Augusta, Malaya, Panama, Essar and majy more big scams. However they have so much time from their bhakti schedule to run behind NDTV. Thats what you define as bad losers.
                  Reply
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