For Allegedly Violating FDI Norms , CBI Files Case Against NDTV’s Prannoy Roy, Radhika Roy And Former CEO Vikram Chandra

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The Central Bureau of Investigation has booked NDTV promoters Prannoy Roy and his wife Radhika Roy, and others in connection with alleged violation of foreign direct investment rules, officials said .

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.


Few days back Prannoy Roy and his wife were stopped at Mumbai airport from flying abroad .

Prannoy and Radhika Roy are being investigated by the CBI in a money laundering case.

Issuing a statement on the incident, the media company termed it “complete subversion of media freedom”.

In a complete subversion of basic rights, NDTV founders Radhika and Prannoy Roy were today prevented from leaving the country,” NDTV said in a series of tweets.

“Both journalists had tickets to return to India on the 16th, just a week later. They have been stopped from traveling abroad on the basis of a fake and wholly unsubstantiated corruption case initiated by the CBI that was filed two years ago,” it said.

“…and in which Radhika and Prannoy Roy have been fully cooperating. Today’s action is, along with events like raids on media owners, a warning to the media to fall in line- or else.

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