Tag Archives: CBI raids

Prannoy Roy Vs CBI Raids: Issue Turns Uglier?

With Arun Shourie and other journalists supporting Prannoy Roy over the CBI raids on an ICICI Bank default case involving Rs.48 crore, the stark question is whether it was an isolated incident of financial impropriety or muzzling press freedom by the authorities. Ironic but the answer is positive for both. The bank loan issue relates to an old 2008 case ...

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I Never Touched Black Money: NDTV’s Prannoy Roy

Beseiged with CBI raids at his home in Delhi and Dehradun, NDTV founder Prannoy Roy on Friday castigated the case as “ridiculous and a concocted set of facts” and asserted that he and his wife “never touched black money and never bribed even a single person.” Speaking at the Press Club of India on Friday, Prannoy Roy vowed to fight ...

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Post-Demonetisation, Swift IT Raids Greet 400 Cases

Income Tax (IT) Department has carried out swift investigations in more than 400 cases since the de-monetization of old High Denomination (OHD) currency on 8th November, 2016. More than Rs. 130 Crore in cash and jewellery has been seized and approximately Rs.2000 Crore of undisclosed income has been admitted by the taxpayers, said a statement. Detecting serious irregularities beyond the ...

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