CBI Books NDTV Promoters Prannoy Roy, Wife Radhika Roy for Criminal Misconduct

New Delhi, August 21: The Central Bureau of Investigation (CBI) has registered a case against senior journalist and co-founder of listed broadcaster New Delhi Television (NDTV) Prannoy Roy, his wife Radhika Roy and the compamy's CEO and Director Vikramaditya Chandra under charges of criminal conspiracy, cheating and criminal misconduct.

The probe agency registered the case on Monday night naming NDTV and some unidentified public servants and others. NDTV Suspends Deputy News Editor For Insensitive Facebook Post on Pulwama Terror Attack, Condemns Employee's Action.

The CBI FIR said that NDTV got incorporated on September 8, 1988 and Prannoy Roy, Radhika Roy and Naryanan KVL Rao (a retired IRS officer) were the whole-time directors while Vikramaditya Chandra was the CEO-cum-whole-time Director of the company.

"During the period from May 2OO4 to 2010, NDTV Ltd floated around 32 subsidiary firms all over the world, mostly in tax havens like Holland, UK, Dubai, Malaysia, Mauritius... Majority of these companies had no business transaction and they were meant only for financial transactions to bring funds from abroad," the FIR said.

It has been alleged that these transactions were sham transactions and the aforementioned funds were invested by unidentified public servants through NDTV Ltd and later laundered back to India through multiple layers of complex transactions and shell companies, the FIR said.

"The proceeds of corruption of unknown public servants were invested through NDTV Ltd," the FIR said.

(The above story first appeared on LatestLY on Aug 21, 2019 03:58 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).