CBI issued a press release clarifying its stand and explained how the raid on NDTV promoters was in consonance with the law and done with prior approvals. The provisions of Prevention of Corruption Act, 1988 are applicable to the officials of private banks.
The CBI registered a case against the Roys, a private company and others for causing monetary loss to ICICI Bank by defaulting on loans. Searches were conducted at four locations including in Delhi and Dehradun. The company in question is RRPR Holdings pvt ltd founded by the Roys.