NDTV’s Co-founder and Executive Chairperson Prannoy Roy’s residence in New Delhi was raided by the Central Bureau of Investigation on Monday morning in connection for causing “an alleged loss to a bank”, a spokesperson for the investigative agency said.
“CBI has registered a case against Shri Prannoy Roy, Ms Radhika Roy, a private company and others for causing an alleged loss to a bank,” CBI spokesperson RK Gaur said.
The NDTV on Monday vowed to fight tirelessly against the ‘witch-hunt by multiple agencies’.
After the raids, NDTV issued a statement accused CBI of ‘concerted harassment’ of the channel.
“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,” the NDTV said in a statement.
It further said that it has one message to those who are trying to destroy the institutions of India and everything it stands for: “We will fight for our country and overcome these forces.”
CBI sources said that the case has been registered for causing an alleged loss of Rs. 48 crore to ICICI bank.