CBI Raids NDTV Founder Prannoy Roy’s Home, Why?

NDTV Founders Prannoy Roy and his wife Radhika Roy are “facing the music” for what they have stood for. This morning , CBI has knocked at their door with search warrants in an apparent case involving NDTV and ICICI Bank over Rs.48 Crore loan.

While ICICI remained silent on the case, the Central Bureau of Investigation (CBI) said the raids were part of a case where NDTV founder Prannoy Roy and his wife Radhika Roy took a loan of about Rs.48 crore from ICICI Bank in the name of RRPR holdings Pvt Ltd in 2008 and failed to repay.

NDTV, in an official statement, described the raids as “harassment” based on “old endless 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. We will not succumb to these attempts to blatantly undermine democracy and free speech in India,” stated NDTV.

NDTV is India’s oldest private news channel which still remains independent amidst India’s crowded TV News Channels which are either owned by business or political investors. Even in the midst of JNUSU leader Kanhaiya Kumar’s arrest last year, it was NDTV which had taken the stand against the Delhi Police.

In January 2017, the Ministry of Information and Broadcasting imposed a one-day ban on NDTV’s Hindi channel, NDTV India, for what it said was violation of official coverage rules during the army’s counter-terrorist operation in Pathankot though the ban was not made effective at the last minute as several other TV channels had also been found to have covered the news.

The Wire” has noted that the CBI’s action comes days after the channel’s news anchor Nidhi Razdan had asked BJP spokesperson Sambit Patra to leave the show when he accused the channel of pursuing “an agenda” against the government’s policies on cattle slaughter.

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