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CBI books Prannoy Roy, others in new case against NDTV for alleged FDI violation

Central Bureau of Investigation (CBI) on Wednesday has booked senior journalist Prannoy Roy and others in a new case against NDTV for alleged FDI violation, reports PTI.

India TV News Desk India TV News Desk
New Delhi Updated on: August 21, 2019 14:21 IST
CBI books Prannoy Roy, others in new case against NDTV for
Image Source : PTI

CBI books Prannoy Roy, others in new case against NDTV for alleged FDI violation: Officials

Central Bureau of Investigation (CBI) on Wednesday has booked NDTV promoters Prannoy Roy and his wife Radhika Roy, and others in connection with an alleged violation of foreign direct investment (FDI) rules.

The agency has also booked the media outlet's former CEO Vikramaditya Chandra under charges of criminal conspiracy, cheating and corruption, they said.

It is alleged that the company floated 32 subsidiaries in several tax haven countries to bring foreign funds to India through sham transactions, they said. PTI 

Earlier this month, NDTV co-founders Prannoy and Radhika Roy were stopped by authorities from flying abroad at Mumbai airport. 

Prannoy and Radhika Roy are being probed by the CBI in a money laundering case. In June 2017, CBI had registered a First Information Report (FIR) against Roy and his wife and had raided their home.

ALSO READ: NDTV case: Sebi bars Prannoy Roy, Radhika Roy from the securities market and top positions

ALSO READ: Sebi imposes Rs 12 lakh fine on NDTV for disclosure lapses

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