TIL Desk/National/New Delhi/ The Central Bureau of Investigation (CBI) has registered a case against NDTV founder Prannoy Roy, his wife Radhika Roy, a private company and others for causing an alleged loss to a bank.
Searches are being conducted at the residence of the Roys at Greater Kailash-I in New Delhi, sources told The Hindu adding that four locations are under scanner.
The case pertains to Mr. Roy, his wife and others allegedly causing a loss of Rs 48 crore to ICICI Bank, CBI sources said. The NDTV has meanwhile called the raids as “witch-hunt” based on “same old endless false accusations.”
The television channel has released the following statement: “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.