Never raided media office, searched premises of NDTV promoters: CBI

The CBI has clarified that raids have only been conducted at the offices and premises of the news channel's promoters.

By: Express Web Desk | New Delhi | Updated: June 6, 2017 6:17 pm
ndtv, cbi raid, ndtv office cbi raid, prannoy roy, radhika roy, ndtv fraud case, indian express Prannoy Roy (File photo)

A day after the Central Bureau of Investigation (CBI) raided premises of NDTV promoters Prannoy Roy and Radhika Roy, the investigating agency said they ‘fully respect freedom of press.’ The agency said that the case against the channel or its promoters is not due to default of any loan but “relate to the wrongful gain of Rs 48 crore to the promoters – Dr. Prannoy Roy, Smt Radhika Roy, M/s RRPR Holdings Pvt Ltd” and resulting financial losses to ICICI bank due to their “collusion and criminal conspiracy.”

The CBI has clarified that raids have only been conducted at the offices and premises of the news channel’s promoters. “CBI has not conducted any search of registered office of NDTV, media studio, news room or premises connected with media operations. CBI fully respects the freedom of press and is committed to the free functioning of news operations,” the statement said.

“The investigation is being conducted as per the due process of law and under the jurisdiction of the court of law. The result of investigation will be filed before the competent court of law based on the evidence adduced during investigation,” the CBI said.

Calling the CBI raid a “witch-hunt”, the channel on Monday had issued a statement saying that it was a “concerted harassment of NDTV”, a charge which the central government denied. The Editor’s Guild had also issued a statement criticising the government for ‘hounding the media house’.

The CBI had registered a case against Prannoy Roy and his wife Radhika Roy for willful default of loans and causing financial loss to the ICICI Bank. The CBI had raided as many as four places in Delhi and Dehradun. RRPR Holdings is a company founded by the Roys.

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  1. G
    George Cruz
    Jun 7, 2017 at 5:43 am
    Now that the BJP is in power no one is immune under the BJP's scheme of eradication of corruption at all levels of government, ding of black money to avoid paying taxes, defrauding bank loans, committing or promoting anti-national activities at the risk of India's integrity/security, and the NDTV could be guilty of all or any one of them. The NDTV has to realize that the corrupt days of the congress party are over.
    Reply
    1. a
      ak.dev
      Jun 7, 2017 at 4:52 am
      Roy has used a web of loans to mask money laundering and kickbacks. The final source of money is still not known. ICICI loan was just a mask to divert attention. RRPR has still not paid the loan and would never pay.
      Reply
      1. a
        ak.dev
        Jun 7, 2017 at 4:53 am
        read this : indianexpress/article/india/ndtv-cbi-raid-prannoy-roy-loan-4690663/ for more clarity.
        Reply
      2. H
        Hari
        Jun 7, 2017 at 12:13 am
        CAGED PARROT reading Script of RSS/BJP Goons in power.
        Reply
        1. R
          Roby Mani
          Jun 6, 2017 at 9:32 pm
          It is part of the Banking routine to grant loans, and also go in for one time settlement where ever necessary. This case appears to fall withing that ambit and the bank must have taken a business decision to waive off part of the interest. Further other banks at that time were charging much less interest at around 12 to 15 as compared to the 19 charged on their loan by icici. Under these cir stances one finds it hard to find any case for any action by CBI at all in this case. The only reason for them doing it is for Sampat Ptra having got kicked out of the TV show and nothing else. Why don't these lying modi bakts have the guts to accept this fact?
          Reply
          1. M
            Madhukar Nikam
            Jun 6, 2017 at 10:00 pm
            You as a congress troll must check facts of the case, what you said is not the case, 61 shares were pledged without investors knowing nor were any statute organisations knowing and a paper company created for the entire operations loans were taken and paid back by su ious funds...as a troll before you say anything you must strategics correctly
            Reply
            1. C
              chittimalla
              Jun 6, 2017 at 10:11 pm
              NDTV was a public listed company. Because general public also can hold shares in the company, promoters must follow certain regulations regarding financial transactions. They cannot pledge their complete holding as collateral for loans with out informing SEBI. Further the proceeds of the loan were used to buy the remaining NDTV shares which is a gross violation. You use the public money to build an et and pledge that et for personal gain. What kind of ethics is this? BJP spokes persons picked up arguments with anchors many times in the past. NDTV anchors are known for their bias towards certain ideology even before Modi came to power. For 80 of india, NDTV doesn't even matter. CBI received complaint some time around 6 months back and its working on it. Also, have the guts to read the CBI's clarification.
              Reply
              1. a
                ak.dev
                Jun 7, 2017 at 4:47 am
                read this : indianexpress /article/india/ndtv-cbi-raid-prannoy-roy-loan-4690663/ for more clarity. : / / indianexpress / article / india / ndtv-cbi-raid-prannoy-roy-loan-4690663
                Reply
              2. C
                Chelliah Rajah
                Jun 6, 2017 at 7:20 pm
                The press plays a vital role in a democracy.If press is controlled all the democratic ins utions can only act only in a limited way.The present rulers, I hope, will understand this.and act accordingly. NDTV should stand firm and strong at this hour.
                Reply
                1. s
                  sri.s
                  Jun 6, 2017 at 7:48 pm
                  Answer one question. The politicians are accountable to ppl, courts. The babus are accountable to govt,public & courts. Police are accountable to govt & courts. Whom does the media accountable to?
                  Reply
                2. K
                  khalid
                  Jun 6, 2017 at 7:19 pm
                  Wow, it's really joking. Even If he is a defaulter of a loan of Rs48 crore why this CBI was unable to take action against Vijay Mallya who is a defaulter of Rs.9000 crore and enjoying in the UK. Because he has been sheltering by the Modi and BJP. Shame on BJP they are harassing NDTV.
                  Reply
                  1. G
                    Gandhi
                    Jun 6, 2017 at 8:34 pm
                    Gadha hai be tu.
                    Reply
                    1. C
                      chittimalla
                      Jun 6, 2017 at 8:47 pm
                      Yes, Its really a joke you are commenting just going by NDTV's version. You did not even properly read CBI's version. Its not the question of default. Its the question of criminal conspiracy for wrong full gain of 48 crores. Also, CBI is at the back of Mallya as well. He has no value in society now. Its because of the current CBI, he fled to London. Had it been congress, he would have lived like a king in India it self, not bothering for any thing.
                      Reply
                    2. A
                      Achal
                      Jun 6, 2017 at 7:13 pm
                      If nothing is irregular with NDTV promoter's why are they worried? Lakhs of Innocents in India are facing harassments, NDTV does not report it, editor's guild does not issue any statement. Please treat NDTV promoters as ordinary Indians.
                      Reply
                      1. A
                        Amar
                        Jun 6, 2017 at 7:29 pm
                        The reason for the raid is because one Mr. Patra was kicked off the TV show, angry government flexing its muscles to show media who disagree with them, fall in line else we will make your life difficult, any specific reason why the raid did not happen earlier.
                        Reply
                      2. h
                        harender. singh
                        Jun 6, 2017 at 7:05 pm
                        This is childish explanation.Centre govt wants to silence dissenting voices.This is gross violation of freedom of press.BJP is misusing CBI like previous govt,.
                        Reply
                        1. K
                          KS KUMAR
                          Jun 6, 2017 at 7:13 pm
                          Is it the case that if persons belonging to media indulge in unlawful activities, should they not be investigated. Under the guise of freedom of press, persons cannot be allowed to do illegal things.
                          Reply
                          1. R
                            Raman Vr
                            Jun 6, 2017 at 7:57 pm
                            You nailed it.
                            1. R
                              Raman Vr
                              Jun 6, 2017 at 7:58 pm
                              My above reply is to Mr Kumar's comment
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